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 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
58% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 62
30% more call options, than puts
Call options by funds: $180M | Put options by funds: $139M
15% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 40
1% more funds holding
Funds holding: 238 [Q2] → 241 (+3) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
3.9% less ownership
Funds ownership: 46.79% [Q2] → 42.89% (-3.9%) [Q3]
40% less capital invested
Capital invested by funds: $1.7B [Q2] → $1.02B (-$682M) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
43%
upside
Avg. target
$23
91%
upside
High target
$27
127%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan Reginald Smith 58% 1-year accuracy 15 / 26 met price target | 43%upside $17 | Overweight Upgraded | 10 Dec 2024 |
Macquarie Paul Golding 71% 1-year accuracy 32 / 45 met price target | 102%upside $24 | Outperform Maintained | 4 Dec 2024 |
HC Wainwright & Co. Mike Colonnese 57% 1-year accuracy 35 / 61 met price target | 127%upside $27 | Buy Reiterated | 3 Dec 2024 |
Financial journalist opinion
Based on 16 articles about CLSK published over the past 30 days
Negative
Zacks Investment Research
4 days ago
CleanSpark Shares Rise 35% in a Year: Should You Buy, Sell or Hold?
CLSK's expansions and Bitcoin mining success drive its stock price, but market volatility and valuation concerns pose headwinds.
Positive
The Motley Fool
1 week ago
2 Renewable Energy Stocks to Buy in 2025 and Hold for Decades
Many renewable energy stocks were crushed over the past few years as inflation, rising interest rates, and other macro headwinds caused many government agencies and companies to curb their spending on big green energy projects. However, as the macro environment stabilizes, some of those stocks could soar higher.
Negative
Zacks Investment Research
1 week ago
CleanSpark (CLSK) Flat As Market Sinks: What You Should Know
In the latest trading session, CleanSpark (CLSK) closed at $10.09, marking no change from the previous day.
Negative
Investors Business Daily
1 week ago
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December but have fallen with the digital asset in 2025. The post Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Positive
Zacks Investment Research
1 week ago
Is It Worth Investing in CleanSpark (CLSK) Based on Wall Street's Bullish Views?
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?
Positive
Seeking Alpha
1 week ago
CleanSpark: Buy The Dip In This Undervalued Bitcoin Miner
CleanSpark, a major Bitcoin miner, has seen a flat share price over the past year despite a ~2x jump in Bitcoin prices. The company is trading close to book value (assuming current Bitcoin prices hold), and has massive earnings power for FY25. With a cost of ~$36,250 per coin mined, CleanSpark effectively has a 60%+ gross margin, assuming Bitcoin prices hold around ~$100k.
Negative
Investors Business Daily
1 week ago
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December but have fallen with the digital asset in 2025. The post Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Neutral
PRNewsWire
1 week ago
CleanSpark Achieves More Than 10,000 Bitcoin Held
10,097 bitcoin held in treasury, all produced from mining activity LAS VEGAS , Jan. 9, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced a significant milestone, achieving over 10,000 bitcoin in its treasury, all self-mined exclusively from its U.S.-based mining operations. "Surpassing the 10,000-bitcoin mark reflects CleanSpark's commitment to operational excellence, strategic growth, and disciplined capital management," said Zach Bradford, Chief Executive Officer and President of CleanSpark.
Neutral
Seeking Alpha
1 week ago
CleanSpark: Stacking 'Digital Gold' The 'Old Way'
CleanSpark mined 7,024 BTC in 2024, maintaining a pure play on Bitcoin while competitors diversify into high-performance computing. The company used convertible note proceeds for share repurchases and covered calls, avoiding the trend of buying more Bitcoin with borrowed money. Despite strong sats/share growth, CleanSpark's stock performance lags Bitcoin's price, making it a better trading vehicle than a long-term investment.
Neutral
Yahoo Finance
1 week ago
All crypto miners are not 'created equal': Analyst
As cryptocurrency regulation is expected to ease under the incoming Trump administration, Clear Street senior research analyst Brian Dobson joins Market Domination to analyze crypto mining prospects for 2025. "Not all miners are created equal," Dobson tells Yahoo Finance.
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