CLEANSPARK INC
CLSKCleanspark Inc. (CLSK) is a technology and energy company that specializes in energy software and renewable energy solutions. It develops and deploys software for energy management and optimization, focusing on integrating renewable energy sources and enhancing grid resiliency. The company is also involved in renewable energy project development, including battery storage and microgrid systems.
Company News
Bitfarms stock surged 10% following CleanSpark's strong earnings, as the company pivots from Bitcoin mining to AI and cloud computing services, potentially generating more profitable computing workloads.
JP Morgan analyst Reginald L. Smith predicts potential revenue and EBITDA growth for bitcoin mining companies, highlighting varying levels of high-performance computing (HPC) capacity conversion across different firms.
CleanSpark, a Bitcoin mining company, announced its expansion into AI data centers, hiring an experienced executive and targeting Georgia for potential facility conversions. The stock jumped 11% on the news, with a 137% year-to-date gain.
The HR Technology Conference & Exposition announced the participants of its 2024 Pitchfest, a startup competition that will take place during the annual conference in September 2024. The competition will feature 31 companies presenting their concepts to a panel of judges and the audience.
CleanSpark, a renewable energy-focused Bitcoin miner, is scheduled to report its third-quarter fiscal 2024 results on Aug 8. The company's use of renewable energy and aggressive expansion strategy have been the major growth drivers, and its low-cost operational base makes it immune to the impact of Bitcoin halving. However, the stock's valuation ...
