CleanSpark, Inc. (NASDAQ: CLSK) is a prominent Bitcoin mining company based in the United States. Recognized as “America’s Bitcoin Miner®,” the company specializes in developing infrastructure for Bitcoin mining, emphasizing energy efficiency and sustainable practices.
Recent Developments:
- S&P SmallCap 600 Inclusion: As of March 24, 2025, CleanSpark will be added to the S&P SmallCap 600 Index, reflecting its growth and stability in the market.
- Financial Performance: In the final quarter of 2024, CleanSpark reported a net income of $246.8 million, with revenues increasing by 120% year-over-year to $162.3 million.
- Bitcoin Holdings: In February 2025, the company expanded its Bitcoin holdings by 6%, bringing its total to 11,177 BTC.
Analyst Insights:
Wall Street analysts have given CleanSpark an average brokerage recommendation of 1.44 on a scale of 1 (Strong Buy) to 5 (Strong Sell), indicating a positive outlook.
Company Overview:
Founded in 1987 and headquartered in Henderson, Nevada, CleanSpark operates data centers across multiple U.S. states, including Georgia, Mississippi, Washington, Sandersville, Dalton, and Massena.
For more detailed information, you can visit CleanSpark’s official website.