CleanSparkCLSK
CLSK
About: Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.
Employees: 270
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
104% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 53
86% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 37
31% more capital invested
Capital invested by funds: $1.01B [Q3] → $1.32B (+$310M) [Q4]
24% more call options, than puts
Call options by funds: $296M | Put options by funds: $239M
10% more funds holding
Funds holding: 243 [Q3] → 268 (+25) [Q4]
6.45% more ownership
Funds ownership: 42.55% [Q3] → 49.0% (+6.45%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12
47%
upside
Avg. target
$19.67
141%
upside
High target
$27
230%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan Reginald Smith 40% 1-year accuracy 10 / 25 met price target | 47%upside $12 | Overweight Maintained | 13 Mar 2025 |
Needham John Todaro 32% 1-year accuracy 23 / 71 met price target | 145%upside $20 | Buy Initiated | 12 Feb 2025 |
HC Wainwright & Co. Mike Colonnese 20% 1-year accuracy 12 / 61 met price target | 230%upside $27 | Buy Reiterated | 7 Feb 2025 |
Financial journalist opinion
Based on 15 articles about CLSK published over the past 30 days
Positive
Seeking Alpha
19 hours ago
CleanSpark: Still A Speculative 'Buy' On Bitcoin's Breakout
CleanSpark's focus on Bitcoin mining over HPC/AI services has proven beneficial, with CLSK outperforming many mining companies that pursued HPC/AI data centers. CleanSpark's 'sats per share' has grown the fastest among peers, reflecting effective shareholder value despite a decline in stock price. CleanSpark's break-even cost to mine Bitcoin is estimated at $75k, making it one of the more efficient public mining companies.
Positive
Seeking Alpha
3 days ago
CleanSpark: A Strong Buy Amid Crypto Price Stabilization
CleanSpark is a compelling buy due to increased production, reduced mining costs, and a strong Bitcoin treasury, despite recent price volatility. CleanSpark's March production hit a record 706 Bitcoins, with plans to boost capacity by 18% by mid-2025. The company's cost per Bitcoin mined has dropped to $34k, enhancing gross margins and operational efficiency.
Neutral
Zacks Investment Research
6 days ago
CleanSpark (CLSK) Stock Dips While Market Gains: Key Facts
In the latest trading session, CleanSpark (CLSK) closed at $8.86, marking a -0.11% move from the previous day.
Positive
Zacks Investment Research
1 week ago
Here's Why CleanSpark (CLSK) Gained But Lagged the Market Today
CleanSpark (CLSK) closed the most recent trading day at $8.85, moving +0.86% from the previous trading session.
Positive
CNBC Television
1 week ago
President Trump's second term 'net positive' for crypto industry, says CleanSpark CEO
CleanSpark CEO Zach Bradford explains why the bitcoin mining firm decided to shift away from holding all its mined bitcoin. He also weighs in on recent developments for crypto under the new administration.
Positive
Zacks Investment Research
1 week ago
Here is What to Know Beyond Why Cleanspark, Inc. (CLSK) is a Trending Stock
Recently, Zacks.com users have been paying close attention to CleanSpark (CLSK). This makes it worthwhile to examine what the stock has in store.
Neutral
Benzinga
2 weeks ago
Bitcoin Miners Buckle Under April Price Pressure, But JP Morgan Analyst Says MARA, CleanSpark Held Strong
JP Morgan analyst Reginald L. Smith observed that Bitcoin BTC/USD miners saw mixed performance in early April.
Positive
Zacks Investment Research
2 weeks ago
Wall Street Bulls Look Optimistic About CleanSpark (CLSK): Should You Buy?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Neutral
PRNewsWire
2 weeks ago
CleanSpark Expands Capital Strategy With $200M Bitcoin-Backed Credit Facility from Coinbase Prime; Shifts to Self-Funded Operations
Proceeds from credit facility to support accretive growth on non-dilutive terms Company to begin selling a portion of monthly Bitcoin production to cover operations LAS VEGAS , April 15, 2025 /Prnewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced it has expanded its capital strategy to include an increase in its credit facility with Coinbase Prime (Nasdaq: COIN) to $200 million. Additionally, the Company's Digital Asset Management team has officially launched its institutional grade Bitcoin treasury desk.
Positive
The Motley Fool
2 weeks ago
The Smartest Renewable Energy Stocks to Buy With $2,000 Right Now
Many renewable energy stocks ran out of juice over the past year as the Trump administration embraced fossil fuels and rattled the market with its divisive tariffs. However, that pullback might represent a golden buying opportunity if you expect the market's demand for renewable energy solutions to keep growing over the long term.
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