CleanSpark, Inc. (CLSK) Q4 2024 Earnings Call Transcript
CleanSpark, Inc. (NASDAQ:CLSK ) Q4 2024 Earnings Conference Call December 2, 2024 4:30 PM ET Company Participants Brittany Moore - Director, Investor Relations Zach Bradford - Chief Executive Officer Gary Vecchiarelli - Chief Financial Officer Conference Call Participants Mike Colonnese - HC Wainwright Brian Dobson - Clear Street Tyler DiMatteo - BTIG Brett Knoblauch - Cantor Fitzgerald Reggie Smith - JPMorgan Operator Good afternoon. My name is Krista and I will be your conference operator today.
CleanSpark: Bullish Buzz Or Resistance Ahead Before Q4 Reveal?
Wall Street expects Bitcoin miner CleanSpark Inc CLSK to report a loss of 18 cents per share and $88.65 million in revenues when it posts fourth-quarter earnings after market hours on Monday.
CleanSpark: Why The Shorts Have Got It Wrong
CleanSpark is a bitcoin mining company that hasn't appreciated at the rate of other bitcoin or crypto-related stocks in the short term, such as MicroStrategy Inc. or Coinbase. The % short float for CleanSpark is at 31% of their shares outstanding. Dilution, combined with this excessive shorting, has spooked retail investors. A major catalyst for CleanSpark will be their guidance for Q4 earnings as they have been HODLing a significant number of bitcoins where the appreciation in price will eventually show.
CleanSpark (CLSK) Stock Falls Amid Market Uptick: What Investors Need to Know
In the most recent trading session, CleanSpark (CLSK) closed at $14.95, indicating a -0.99% shift from the previous trading day.
Is It Worth Investing in CleanSpark (CLSK) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Top 2 crypto mining stocks to buy as analyst forecasts Bitcoin hitting $200,000
Bitcoin has celebrated the return of Donald Trump to the White House in recent weeks and the momentum is unlikely to fade anytime soon, as per BCA Research analyst Dhaval Joshi. Joshi expects BTC to eventually be worth more than $200,000.
CleanSpark (CLSK) Advances While Market Declines: Some Information for Investors
In the latest trading session, CleanSpark (CLSK) closed at $14.03, marking a +0.36% move from the previous day.
CleanSpark: A Deep Dive Into Strategic Growth, Geographic Expansion And How To Capitalize On A BTC Mining Opportunity
CleanSpark Inc. (CLSK) demonstrates strong growth in Bitcoin mining, with significant hashrate expansion, energy efficiency, and strategic geographic diversification. CLSK's Bitcoin accumulation strategy and institutional backing, including increased stakes from BlackRock and Vanguard, highlight its financial stability and long-term growth potential. Recent acquisitions, infrastructure development, and a merger with GRIID position CLSK to achieve a 50 EH/s target by 2025, enhancing operational capacity.
CleanSpark (CLSK) Flat As Market Gains: What You Should Know
CleanSpark (CLSK) closed at $13.57 in the latest trading session, marking no change from the prior day.
Is CleanSpark (CLSK) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Bitcoin Breakout: 3 Stocks Set to Ride the Cryptocurrency Wave
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.
CleanSpark (CLSK) Stock Drops Despite Market Gains: Important Facts to Note
CleanSpark (CLSK) closed the most recent trading day at $12.37, moving -1.43% from the previous trading session.
