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CleanSpark Inc

CleanSpark Inc (CLSK)

12.61
0.74
(6.23%)
Closed August 25 4:00PM
12.79
0.18
(1.43%)
After Hours: 7:59PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
12.79
Bid
12.58
Ask
12.93
Volume
29,799,953
11.878 Day's Range 12.75
3.38 52 Week Range 24.72
Market Cap
Previous Close
11.87
Open
12.03
Last Trade Time
Financial Volume
$ 367,355,553
VWAP
12.3274
Average Volume (3m)
29,091,205
Shares Outstanding
227,870,260
Dividend Yield
-
PE Ratio
-21.02
Earnings Per Share (EPS)
-0.6
Revenue
169.77M
Net Profit
-136.59M

About CleanSpark Inc

Cleanspark Inc is engaged in acquiring, licensing and marketing patents and technology to create sustainable energy for its energy customers. Its technology includes FLEX power system, Microgrid Technology, and Microgrid-as-a-service. In addition, the company converts various materials, including mu... Cleanspark Inc is engaged in acquiring, licensing and marketing patents and technology to create sustainable energy for its energy customers. Its technology includes FLEX power system, Microgrid Technology, and Microgrid-as-a-service. In addition, the company converts various materials, including municipal solid waste, municipal sewage sludge, food and cooking waste, petroleum sludge and oily wastes, animal manures, cellulosic and non-cellulosic biomass, energy crops, scrap tires, and coal into SynGas. Its SynGas is used as clean, renewable, environmentally friendly, and warming fuel for power plants and motor vehicles, and as feedstock for the generation of di-methyl ether. Show more

Sector
Finance Services
Industry
Finance Services
Headquarters
Las Vegas, Nevada, USA
Founded
1970
CleanSpark Inc is listed in the Finance Services sector of the NASDAQ with ticker CLSK. The last closing price for CleanSpark was $11.87. Over the last year, CleanSpark shares have traded in a share price range of $ 3.38 to $ 24.72.

CleanSpark currently has 227,870,260 shares outstanding. The market capitalization of CleanSpark is $2.70 billion. CleanSpark has a price to earnings ratio (PE ratio) of -21.02.

CleanSpark (CLSK) Options Flow Summary

Overall Flow

Bullish

Net Premium

2M

Calls / Puts

383.33%

Buys / Sells

134.78%

OTM / ITM

38.10%

Sweeps Ratio

0.00%

CLSK Latest News

Bitcoin Surges Following Powell Speech; Sony Launches Soneium Blockchain; JPMorgan Cuts Miners’ Price Targets

Bitcoin rises 5% after Jerome Powell’s speech at Jackson Hole Jerome Powell, Fed Chairman, delivered a speech at Jackson Hole that boosted Bitcoin, gold, and stocks. Bitcoin (COIN:BTCUSD...

Bitcoin Fall Hits Other Tokens, MicroStrategy Launches Leveraged ETF, Mintzberg Takes Over Grayscale Leadership

Bitcoin’s drop impacts other tokens after US CPI release Bitcoin (COIN:BTCUSD) fell below $58,000, hitting $57,800 in the last 24 hours. This drop dragged other cryptocurrencies down...

CleanSpark Reports Third Quarter FY2024 Financial Results

CleanSpark Reports Third Quarter FY2024 Financial Results PR Newswire LAS VEGAS, Aug. 9, 2024 FY2024 Third Quarter Revenue of $104.1 million, net loss of ($236.2) million and Adjusted EBITDA of...

CleanSpark Announces New Date and Time of Third Quarter 2024 Financial Results Webcast

CleanSpark Announces New Date and Time of Third Quarter 2024 Financial Results Webcast PR Newswire LAS VEGAS, Aug. 9, 2024 LAS VEGAS, Aug. 9, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK...

Sweetgreen Rises 22% on Raised Forecasts, Doximity Jumps 30%, Rocket Lab Soars 14% on 71% Revenue Growth, and More

Sweetgreen (NYSE:SG) – The healthy restaurant chain reported second-quarter revenue of $184.6 million, up 21% year-over-year, above the $180.8 million expected. The company reduced its net...

CleanSpark Postpones Third Quarter 2024 Financial Results Webcast

CleanSpark Postpones Third Quarter 2024 Financial Results Webcast PR Newswire LAS VEGAS, Aug. 8, 2024 LAS VEGAS, Aug. 8, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin...

U.S. Index Futures Drop, Signaling Ongoing Market Volatility; Oil Prices Stall

U.S. index futures fell in pre-market trading on Thursday, signaling persistent market volatility. Following a tumultuous Wednesday, these movements suggest that economic and geopolitical...

Grayscale Unveils Bittensor and Sui Funds, Polkadot Struggles at $5, Nexera Plummets 45% on Hack

Grayscale launches new crypto funds: Bittensor and Sui Grayscale Investments has launched two new funds: Grayscale Bittensor Trust and Grayscale Sui Trust, focusing on decentralized AI and...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.4913.18584070811.312.7511.181946416011.96218393CS
4-4.2-24.720423778716.9918.059.342406221012.96834723CS
12-3.89-23.321342925716.6820.649.342909120515.88842464CS
26-4-23.823704586116.7924.729.343222153016.96707185CS
528.17176.839826844.6224.723.382682200413.68604962CS
1561.7115.433212996411.0824.721.741155594511.8441016CS
2607.39136.8518518525.442.6040.97846717411.9378196CS

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CLSK Discussion

View Posts
surfgreen surfgreen 2 days ago
Have a bunch of 1.75’s
👍️0
GorillaDaddy GorillaDaddy 2 days ago
WULFs swing opportunity looks massive
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surfgreen surfgreen 2 days ago
Biggest holding MSTR then cold storage BTC WULF COIN BITX HOOD ETHE some SOL
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GorillaDaddy GorillaDaddy 2 days ago
Haha, looking for $34 to be satisfied.

You playing any of the other ones?

Debating between a couple.

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surfgreen surfgreen 2 days ago
Nice! Get ready for ATH’s
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GorillaDaddy GorillaDaddy 2 days ago
Absolutely — snagged a couple hundred more. Break even is 12.40
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surfgreen surfgreen 2 days ago
Don’t get greedy- those 11’s were a gift
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GorillaDaddy GorillaDaddy 2 weeks ago
Looking for 8s here... 9s I will eat too. Overall, if you have anything in crypto, you need to be holding the miners too. Its all relative.
👍️0
skydog526 skydog526 3 weeks ago
Right 👍
👍️0
boo boo boo boo 3 weeks ago
Gap Phil good.
👍️0
TheFinalCD TheFinalCD 2 months ago
16.89 algos dropped it on solid news to 15.95 $GRDI $CLSK NEWS https://t.co/CTQVROzVyQ— THE FINAL COUNTDOWN (@READY_2_PROFIT) June 27, 2024
👍️0
pipette pipette 2 months ago
Mmmmmm nice dip and no words here?
👍️0
pcjockey pcjockey 3 months ago
New major risk for CLSK - Revenue and earnings growth

Earnings are forecast to decline by an average of 40% per year for the foreseeable future.

This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns.

Currently, the following risks have been identified for the company:

Major Risks

• Share price has been highly volatile over the past 3 months (16% average weekly change).
• Earnings are forecast to decline by an average of 40% per year for the foreseeable future.
• High level of non-cash earnings (33% accrual ratio).
• Shareholders have been substantially diluted in the past year (102% increase in shares outstanding).

Minor Risk

• Significant insider selling over the past 3 months (US$17m sold).
👍️0
TheFinalCD TheFinalCD 4 months ago
Going to buy some $CLSK here soon (in low $16s). Stock hit after inflation news but down $2 from morning highs after INCREDIBLE earnings. That's nuts. #BTC to hold $59s and go after $67k next week. $MSTR, $COIN $MARA $WULF $IREN $CIFR— Bill Tsamis (@BillTsamis) May 10, 2024
👍️0
TheFinalCD TheFinalCD 4 months ago
Rough timeline from the earnings call for $CLSK to have their 2 new sites outside of Cheyenne up and running. I also mixed in a little speculative DD of my own into the business I believe they bought. Those parts are unconfirmed, but it all adds up:

1. Close in ~45 days = end… https://t.co/GxUTvdWOEI— D.R. Lewis ⚡ (@Charge_Stack) May 10, 2024
👍️0
TheFinalCD TheFinalCD 4 months ago
$CLSK Earnings and Reaction 🐺
Put the cork back in the champagne 🍾 “Charts Don’t Lie” ride redline📉 pic.twitter.com/Fb2zUMChfy— Nostradamus (@RareSterling) May 9, 2024
👍️0
TheFinalCD TheFinalCD 4 months ago
$CLSK's Q2 FY2024 financial results ended March 31, 2024:

*Revenue: $111.8 million
*Net Income: $126.7 million
*Adjusted EBITDA: $181.8 million
*Total Assets: $1.54 billion

Revenue grew by 163% YoY and our current #bitcoin mining #hashrate surpasses 17 EH/s.

Read the full press release here: https://bit.ly/3ycMzXi
Introducing $CLSK's Q2 FY2024 financial results ended March 31, 2024:

*Revenue: $111.8 million
*Net Income: $126.7 million
*Adjusted EBITDA: $181.8 million
*Total Assets: $1.54 billion

Revenue grew by 163% YoY and our current #bitcoin mining #hashrate surpasses 17 EH/s.

Read… pic.twitter.com/sKOAnIGEIy— CleanSpark Inc. (@CleanSpark_Inc) May 9, 2024
👍️0
TheFinalCD TheFinalCD 4 months ago
rip the shorts, force em to cover then take it down

the games they play
👍️0
TheFinalCD TheFinalCD 4 months ago
aGREED....

rug pull probably coming
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zeusgodmd zeusgodmd 4 months ago
You guys will have balls whoever keeps this over the weekend
👍️0
TheFinalCD TheFinalCD 4 months ago
17.77
👍️0
TheFinalCD TheFinalCD 4 months ago
$clsk 13.70 -17.50 nice bounce


BTC price increasing as it should because of todays halving

The bIG question is

will they rug miners ???????????
👍️0
TheFinalCD TheFinalCD 5 months ago
yup that was Ultra Dirty

meanwhile the CEO tried explaining it away on twitter

what a shame
👍️0
surfgreen surfgreen 5 months ago
What a bunch of scammers insiders dumping then drop massive dilution after hours - scumbags
👍️0
TheFinalCD TheFinalCD 5 months ago
The flippening happened. Very impressive to witness. $CLSK $MARA pic.twitter.com/oYzGoJ42C0— LUQ (@lukxq) March 25, 2024
👍️0
pcjockey pcjockey 5 months ago
CEO, President & Director recently sold US$9.0m worth of stock

On the 21st of March, Zachary Bradford sold around 443k shares on-market at roughly US$20.31 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade.

• This was the largest sale by an insider in the last 3 months.
• This was Zachary's only on-market trade for the last 12 months.

https://simplywall.st/stocks/us/software/nasdaq-clsk/cleanspark/ownership?utm_source=braze&utm_medium=email&utm_campaign=Critical+Updates&utm_content=Email
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TheFinalCD TheFinalCD 5 months ago
wow what a wild spastic open
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pcjockey pcjockey 5 months ago
One explanation: Investors are pouring money into spot ETFs while avoiding miners due to risks related to the Bitcoin halving.

https://www.coindesk.com/business/2024/03/05/bitcoin-soared-to-an-all-time-high-so-why-arent-miners-blasting-off-too/
👍️0
TheFinalCD TheFinalCD 5 months ago
21.33-16.82 THAT WAS DIRTY
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TheFinalCD TheFinalCD 5 months ago
$clsk 18.65 $btcusd 72.5K $CLSK $MARA $RIOT ETC MORE DIVERGENCE FROM $BTCUSD— THE FINAL COUNTDOWN (@READY_2_PROFIT) March 11, 2024
👍️0
Chartmaster Chartmaster 6 months ago
Added more June 16 calls at 4.80 today! Got the LOD!!!
👍️0
Mt. Blanc Mt. Blanc 6 months ago
CLSK is a bitcoin mover along with MARA COIN.

When the fomo hits hard its time to short them but not so much COIN.

mb
👍️0
TheFinalCD TheFinalCD 6 months ago
WOW that happened fast

almost $24 from my original buy around $4

I sold waaaay too early and regertting
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Mt. Blanc Mt. Blanc 6 months ago
Moving higher
👍️0
AKATITUS AKATITUS 6 months ago
Y
E
P
👍️0
rbtree rbtree 6 months ago
Up 20% today.....
👍️0
conix conix 6 months ago
CLSK Chart

👍️0
TheFinalCD TheFinalCD 6 months ago
GLAD i SOLD AROUND 5K SHARES MID 17'S

FEELS FROTHY
👍️0
Capitalvaluetrade Capitalvaluetrade 6 months ago
CLSK Impressive Move as always last few weeks
👍️0
AKATITUS AKATITUS 6 months ago
Crazy
👍️0
TheFinalCD TheFinalCD 6 months ago
$18's!!!
👍️0
TheFinalCD TheFinalCD 6 months ago
https://ih.advfn.com/stock-market/NASDAQ/cleanspark-CLSK/stock-news/93270730/form-144-report-of-proposed-sale-of-securities

SNEAKY 6MINS BEFORE CLOSE
👍️0
boo boo boo boo 6 months ago
Icahn
👍️0
Biggeoff Biggeoff 6 months ago
Where’s the link to Carl Icahn taking a large stake today?
👍️0
boo boo boo boo 7 months ago
Double Top. Will probably get a little more overextended b4 it corrects. Miner Mania.

Gap to Phil would be good entry, imo.

Other than the chart, nice report!
👍️0
Chartmaster Chartmaster 8 months ago
Key Reversal Day here too! 9.12 low will not be seen again imo
👍️0
AKATITUS AKATITUS 8 months ago
I'm just going off what mara did at 20.00
They did a offering and it went to 8.00 then flew to 32.00
Just hoping for some cheapies
👍️0
TheFinalCD TheFinalCD 8 months ago
$CLSK 10.29
👍️ 1
TheFinalCD TheFinalCD 8 months ago
9.41 https://ih.advfn.com/stock-market/NASDAQ/cleanspark-CLSK/stock-news/92982473/form-8-k-current-report
👍️0
AKATITUS AKATITUS 8 months ago
Wonder if these gaps will fill
Sure would be a nice pick up
👍️0