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CleanSpark(CLSK) - 2024 Q2 - Quarterly Results
2024-05-09 21:05
CleanSpark Reports Second Quarter FY2024 Financial Results FY2024 Second Quarter Revenue of $111.8 million, net income of $126.7 million and Adjusted EBITDA of $181.8 million Revenue grows 163% YoY Current hashrate surpasses 17 EH/s LAS VEGAS—CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024. The Company will hold its earnings call today at 1:30 p.m. PT / 4:30 p.m. ET. "We've achieved remarkable milestones th ...
The 3 Best Crypto Mining Stocks to Buy for a Q3 Rally
InvestorPlace· 2024-05-09 18:37
After dropping to a low of $59,117.50, Bitcoin (BTC-USD) is back above $63,000, creating big opportunity for some of the best crypto mining stocks to buy.Even better, the digital currency could race even with two nearing catalysts.For one, according to CoinDesk.com, “May 15 marks the deadline for institutional investment managers to file form 13-F with the Securities and Exchange Commission. If more firms are shown to have purchased the newly approved spot bitcoin exchange-traded funds during the first quar ...
CleanSpark Names Chief Operating Officer and Chief Technology Officer
Prnewswire· 2024-05-08 21:00
Scott Garrison and Taylor Monnig promoted to new C-suite positions LAS VEGAS, May 8, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. Garrison, previously SVP of growth, and Monnig, previously SVP of mining technology, have been critical in CleanSpark's remarkable growth. Garrison has led business development and construction of the Company's data centers ...
Why Marathon Digital, CleanSpark, and TeraWulf Are Heading to the Moon Today
The Motley Fool· 2024-05-07 02:49
These Bitcoin miners are seeing major upside today amid strength in the price of Bitcoin and spot ETF inflows.Cryptocurrency miners are seeing incredible interest in today's session. Shares of Marathon Digital (MARA 17.58%), CleanSpark (CLSK 8.72%), and TeraWulf (WULF 10.07%) are up 19.2%, 10.7%, and 10.4%, respectively, as of 1:15 p.m. ET.Of course, the moves in these top Bitcoin miners have a lot to do with Bitcoin's price action in recent days. Since dropping below the $57,000 mark to start this month, B ...
CleanSpark Releases April 2024 Bitcoin Mining Update
Prnewswire· 2024-05-02 21:00
Company exceeds 17 EH/s; mines 721 bitcoin with a record daily high of over 48 bitcoin LAS VEGAS, May 2, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending April 30, 2024. "We continue to see monthly gains in our efficiency metrics as we deploy the advanced S21 machines across our expanding facilities," said Zach Bradford, CEO of CleanSpark. "These improvements are pivotal in amplifying our mi ...
CleanSpark (CLSK) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-04-27 06:51
In the latest trading session, CleanSpark (CLSK) closed at $19.23, marking a -1.59% move from the previous day. This change lagged the S&P 500's daily gain of 1.02%. Elsewhere, the Dow saw an upswing of 0.4%, while the tech-heavy Nasdaq appreciated by 2.03%.Shares of the company have depreciated by 7.87% over the course of the past month, underperforming the Finance sector's loss of 5.37% and the S&P 500's loss of 3.15%.Analysts and investors alike will be keeping a close eye on the performance of CleanSpar ...
Bitcoin Rally Poised to Resume: 5 Solid Stocks to Bet on
Zacks Investment Research· 2024-04-26 21:21
The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.In the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength of the world’s most popular cryptocurrency.That said, the cryptocurrency market holds tremendous potential. The rally, ...
3 Bitcoin Mining Stocks to Watch After the April Halving
Zacks Investment Research· 2024-04-26 21:16
With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.It is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions, they receive both a block reward from the Bitcoin network and transaction fees from the retail consumer making the transaction. Bitcoin halvi ...
Why Crypto Stocks Had a big Post-Halving Rally Today
The Motley Fool· 2024-04-23 06:35
加密货币市场 - 比特币的重要资产减半事件引发了投资者对数字货币的兴趣[2] - 每四年一次的比特币减半事件会影响比特币的供应和价值[3] - 投资者喜欢可预测的模式,尤其是在处理像加密货币这样难以预测的资产类别时[4] 比特币价格走势 - 比特币最近价格上涨的一个因素是减半事件,同时也受到其他因素的支持[5] - 减半事件结束后,可能会出现相对平静的市场期[6] - 投资者可能会在接下来的日子里寻找低价的投资机会[7]
4 Stocks to Bet on as Crypto Space Looks Poised to Regain Pace
Zacks Investment Research· 2024-04-18 21:21
The cryptocurrency rally, which started last year and continued in the first quarter of 2024, has come to a sudden halt. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, was trading at $61,399 on Apr 17.In the past month, Bitcoin, the world’s most popular cryptocurrency, has lost more than 10%. However, the recent decline in cryptocurrency prices is temporary, and a lot of factors, including geopolitical tensions are acting as headwinds.The cryptocurrency rally intensified in early January af ...