CleanSparkNASDAQ: CLSK

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) closed the most recent trading day at $12.37, moving -1.43% from the previous trading session.

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.

Investors in the financial markets need to understand that interest rates tend to drive most money shifts and activity in asset classes, especially ones with differing risk profiles. When it comes to stocks, most see a bullish sentiment shift when the Federal Reserve (the Fed) decides to cut interest rates such as it did recently, but there is more upside to be had in what most deem as ‘riskier' alternatives.

Expects to continue growth to 50 EH/s in 2025 LAS VEGAS , Oct. 10, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced it has achieved 30 EH/s (exahashes per second) in operational hashrate. The Company's hashrate has surged 200% since October 2023 through significant organic growth paired with turn-key acquisitions and the execution of a fleet upgrade, improving efficiency during the same period by nearly 20% and boosting the number of operational machines by 112%.

Brian Carson was promoted from his previous role, director of financial reporting LAS VEGAS , Oct. 7, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), has announced the appointment of Brian Carson as chief accounting officer. In his prior role as director of financial reporting at CleanSpark, Carson led teams responsible for financial closing activities, report management, spend analysis, system-implementations, training, and auditing.

Full operations have been materially restored from Hurricane Helene LAS VEGAS , Oct. 7, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced normal operations have resumed after 365 MW of power was shut down in the wake of Hurricane Helene. The Company's hashrate has since reached 28.7 EH/s.

Company finishes FY2024 with over 8,000 bitcoin in treasury, reaching 27.6 EH/s in hashrate and 552 MW of operational capacity at wholly-owned sites, increases of 258%, 187% and 132% from FY2023 respectively Despite the halving, CleanSpark exceeds FY2023 production LAS VEGAS , Oct. 3, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending September 30, 2024. "I would like to thank the communities where we operate for their continued support following Hurricane Helene.

LAS VEGAS , Sept. 17, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company") today announced it has acquired two Bitcoin mining sites and associated land near Clinton, Mississippi, and closed on its second site in Wyoming.