From Nasdaq

May 10, 2025 7:00 AM:

CleanSpark Inc. (NASDAQ: CLSK) is a Bitcoin mining firm with operations in the U.S. Analysts have set a consensus price target of $21.57 for CLSK shares, nearly triple the current share price.

CleanSpark focuses solely on Bitcoin mining, leading to lower costs compared to competitors. The company mined 633 Bitcoin in April 2025 and plans to increase output by 20% this year.

CleanSpark’s financial stability, low mining costs, and strategic Bitcoin sales have positioned the company well in the volatile cryptocurrency market. The company recently secured a $200 million credit facility with Coinbase Global Inc. to manage liquidity and expenses effectively.

Read more at Nasdaq: Analyst-Favorite Bitcoin Miner CleanSpark: Worth the Hype?