Company Overview - CleanSpark Inc. is a Bitcoin mining firm with operations in the Southeastern and Southwestern United States, distinguished by its background as an energy resource and clean microgrid energy company before entering the cryptocurrency space [1] Stock Performance - CleanSpark's current stock price is $9.19, reflecting a 5.88% increase, with a 52-week range between $6.45 and $20.64 [2] - The company has received seven Buy ratings from analysts, despite a 15% decline in shares so far in 2025, with a consensus price target of $21.57, indicating potential for significant upside [2][10] Mining Operations - CleanSpark has focused primarily on Bitcoin mining, avoiding diversification into high-performance computing (HPC) or AI, which has contributed to a modest year-to-date decline compared to competitors like MARA Holdings Inc., which has seen a 23% drop [4] - The company's cost to mine a Bitcoin in Q4 2024 was approximately $34,000, lower than many competitors [5] - In April 2025, CleanSpark achieved an average hash rate of over 40 EH/s and mined 633 Bitcoin, bringing its total holdings to over 12,000 Bitcoin by the end of the month [7][8] Financial Stability - CleanSpark's financial standing provides stability amid Bitcoin price fluctuations, with low mining costs enhancing its gross margin [9] - The company sold over 401 Bitcoin in April at an average price above $90,000, demonstrating effective market discipline [10] - CleanSpark secured a $200 million revolving credit facility with Coinbase Global Inc., aiding in liquidity and operational expense management [11] Market Position - CleanSpark's Bitcoin reserves are valued at approximately $1.2 billion, with a total market capitalization of $2.3 billion, although its price-to-sales ratio of 4.86 is less attractive compared to competitors like Hut 8 Corp. [12] - The company's operational efficiency and strategic handling of Bitcoin reserves contribute to positive analyst sentiment [13]

CleanSpark, Inc. (NASDAQ:CLSK) Q2 2025 Earnings Conference Call May 8, 2025 4:30 PM ET Company Participants Harry Sudock - SVP Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Participants Mike Colonnese - H.C. Wainwright Greg Lewis - BTIG Brian Dobson - Clear Street Paul Golding - Macquarie Capital John Todaro - Needham & Company Operator Good afternoon, my name is Jeanne and I will be your conference operator today. At this time, I would like to welcome everyone to the CleanSpark Fiscal Year Se ...

CleanSpark (CLSK) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -166.67%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.07, delivering a surprise of 12.50%.Over the last four quarters, the company has surpassed consens ...

CleanSpark (CLSK) Q2 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Good afternoon. My name is Jeannie, and I will be your conference operator today. At this time, I would like to welcome everyone to the CleanSpark Fiscal Year Second Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. Harry, you may begin your conference. Speaker1 Thanks, Jeannie, an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Nevada 87-0449945 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) For the transition period from __________ to __________ Commission File Number: 001-39187 ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2025 CleanSpark, Inc. ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities ...

EXHIBIT 99.1 CleanSpark Reports Second Quarter Fiscal 2025 Results $181.7M quarterly revenue, up 62.5% from prior year Bitcoin production grew to 1,957, with an average revenue per coin of $92,811 LAS VEGAS, May 8, 2025 -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended March 31, 2025. "This was a quarter defined by discipline, scale, and continued strategic clarity," said Zach Bradford, CleanSpark's CEO. "As other players shi ...

$181.7M quarterly revenue, up 62.5% from prior yearBitcoin production grew to 1,957, with an average revenue per coin of $92,811 LAS VEGAS, May 8, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended March 31, 2025."This was a quarter defined by discipline, scale, and continued strategic clarity," said Zach Bradford, CleanSpark's CEO. "As other players shift direction or decelerate growth, CleanSpark has double ...

CleanSpark (CLSK) is scheduled to release second-quarter fiscal 2025 results on May 8.The Zacks Consensus Estimate for second-quarter earnings is pegged at 3 cents per share, revised upward by a cent over the past 30 days, indicating a 76.92% year-over-year decline.The Zacks Consensus Estimate for revenues is pegged at $197.07 million, indicating a year-over-year increase of 76.27%.CLSK has a mixed earnings surprise history. It missed the Zacks Consensus Estimate in two of the trailing four quarters and bea ...

Group 1 - CleanSpark (CLSK) closed at $8.81, with a +1.61% increase, outperforming the S&P 500's gain of 1.47% [1] - The company's shares have risen 17% over the last month, contrasting with the Finance sector's loss of 0.97% and the S&P 500's loss of 0.47% [1] Group 2 - The upcoming EPS for CleanSpark is projected at $0.03, indicating a 76.92% decline compared to the same quarter last year, while revenue is estimated at $197.07 million, up 76.27% year-over-year [2] - For the entire year, earnings are forecasted at $0.99 per share and revenue at $817.49 million, reflecting increases of +480.77% and +115.71% respectively compared to the previous year [3] Group 3 - Recent changes to analyst estimates for CleanSpark are being monitored, as positive revisions indicate optimism regarding the company's business and profitability [4] - The Zacks Rank system, which reflects estimate changes, currently ranks CleanSpark at 3 (Hold) after a 5.56% decline in the Zacks Consensus EPS estimate over the past month [6] Group 4 - CleanSpark is trading with a Forward P/E ratio of 8.8, which is lower than the industry's average Forward P/E of 9.97 [7] - The Financial - Miscellaneous Services industry, to which CleanSpark belongs, has a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7]

LAS VEGAS, May 2, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, will discuss its fiscal second quarter 2025 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 8, 2025.Webcast Information: To view the webcast, please click here.Downloadable files, including a transcript, will be available on the company website 48 hours after the event.About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a mark ...