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CleanSpark (CLSK) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-11-25 23:50
In the latest market close, CleanSpark (CLSK) reached $14.95, with a -0.99% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.3%. On the other hand, the Dow registered a gain of 0.99%, and the technology-centric Nasdaq increased by 0.27%.The the stock of company has risen by 32.57% in the past month, leading the Finance sector's gain of 4.87% and the S&P 500's gain of 2.1%.Analysts and investors alike will be keeping a close eye on the performance of CleanSpark in its upc ...
CleanSpark (CLSK) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-11-15 23:45
The latest trading session saw CleanSpark (CLSK) ending at $14.03, denoting a +0.36% adjustment from its last day's close. This change outpaced the S&P 500's 1.32% loss on the day. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq decreased by 2.24%.The company's stock has climbed by 19.28% in the past month, exceeding the Finance sector's gain of 3.14% and the S&P 500's gain of 1.55%.The upcoming earnings release of CleanSpark will be of great interest to investors.Add ...
CleanSpark: A Deep Dive Into Strategic Growth, Geographic Expansion And How To Capitalize On A BTC Mining Opportunity
Seeking Alpha· 2024-11-14 15:11
Seasoned investment professional with a strong foundation in financial markets. My approach is deeply rooted in bottom-up valuation, identifying opportunities at the fundamental level while factoring in macroeconomic trends. I leverage technical analysis to refine entry and exit points, ensuring precise timing in trade executions. My passion extends to portfolio management, with a focus on risk mitigation strategies. I specialize in utilizing options to hedge portfolios to maximize ROI during periods of mar ...
CleanSpark Announces Resumed Trading on Nasdaq of Common Stock
Prnewswire· 2024-11-11 15:55
LAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced that trading of the Company's common stock on Nasdaq has resumed at 10:15am EST on November 11, 2024. The previously imposed trading halt by Nasdaq was due to a clerical error relating solely to the outstanding warrants.About CleanSparkCleanSpark (Nasdaq: CLSK) is America's Bitcoin Miner®. We own and operate multiple data centers that primarily run on low-carbon power. Our infr ...
CleanSpark (CLSK) Flat As Market Gains: What You Should Know
ZACKS· 2024-11-08 23:51
CleanSpark (CLSK) closed at $13.57 in the latest trading session, marking no change from the prior day. The stock's change was less than the S&P 500's daily gain of 0.38%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 0.09%.The company's shares have seen an increase of 56.7% over the last month, surpassing the Finance sector's gain of 5.26% and the S&P 500's gain of 4.9%.Investors will be eagerly watching for the performance of CleanSpark in its upcoming earnings disclosure.Addi ...
CleanSpark Comments on Trading Halt Related to Clerical Warrant Conversion Error
Prnewswire· 2024-11-08 15:01
Core Viewpoint - CleanSpark, Inc. has clarified that the recent trading halt imposed by Nasdaq is not related to any issues with its business operations, financial statements, or SEC filings [1]. Group 1: Trading Halt and Warrant Issue - The trading halt was triggered by an error in the calculation of outstanding warrants and the shares underlying those warrants, which were originally issued by GRIID Infrastructure, Inc. and converted during CleanSpark's acquisition of GRIID on October 30, 2024 [2]. - The outstanding 13,800,000 warrants are intended to represent the right to purchase a total of 960,395 shares of CleanSpark's common stock at an exercise price of $165.24 per share, but the exchange ratio was incorrectly applied in some documentation [2][3]. - CleanSpark is actively working with Nasdaq to resolve the warrant calculation issue and to resume trading of its common stock and warrants [3]. Group 2: Company Overview - CleanSpark is recognized as America's Bitcoin Miner® and operates multiple data centers primarily powered by low-carbon energy [4]. - The company emphasizes its commitment to trust and transparency within its operations and the communities it serves [4].
CleanSpark Releases October 2024 Bitcoin Mining Update
Prnewswire· 2024-11-04 14:00
Mines 655 bitcoin, a 32% increase from the prior monthCompletes acquisition of GRIID Infrastructure Inc.LAS VEGAS, Nov. 4, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending October 31, 2024."October was another remarkable operational month in the books for CleanSpark. We also finalized the acquisition of GRIID Infrastructure Inc., adding more talented people to our team and a p ...
Bitcoin Breakout: 3 Stocks Set to Ride the Cryptocurrency Wave
MarketBeat· 2024-10-31 12:08
Now that investors across markets notice the potential for inflation trades returning to popularity, a decent amount of capital is beginning to float into risk assets like commodities and cryptocurrencies like Bitcoin. This new sentiment has driven the price of gold to its all-time high recently and also caused Bitcoin to deliver a 13% return over the past month alone. While investors might look at the Bitcoin run and wish they understood the asset class, they don’t necessarily have to dive into cryptocurre ...
CleanSpark Completes Acquisition of GRIID Infrastructure Inc.
Prnewswire· 2024-10-31 11:30
Action comes following approval of merger by GRIID shareholders in October 28th voteCleanSpark expects to grow to over 400 MW of mining capacity in Tennessee LAS VEGAS, Oct. 31, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), announced today the completed acquisition of GRIID Infrastructure Inc. (Nasdaq: GRDI)("GRIID") on October 30, 2024, following approval of the transaction by stockholders of GRIID at the special meeting of its stockholders on October 28, 2 ...
CleanSpark (CLSK) Declines More Than Market: Some Information for Investors
ZACKS· 2024-10-17 22:56
The latest trading session saw CleanSpark (CLSK) ending at $11.72, denoting a -1.01% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.02% for the day. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%. Heading into today, shares of the company had gained 33.94% over the past month, outpacing the Finance sector's loss of 3.12% and the S&P 500's gain of 3.77% in that time. Investors will be eagerly watching for the performan ...