CleanSpark, Inc.·Financial Services

CleanSpark and Plug Power both have plenty of room to grow.

CleanSpark operates at the intersection of bitcoin mining and energy technology, serving institutional and commercial clients nationwide.

CleanSpark Inc (NASDAQ:CLSK) shares are trading marginally higher on Friday as traders keep leaning into fresh 13F positioning that showed a hedge fund sharply increasing its stake.

Shares of CleanSpark Inc. (NASDAQ:CLSK) are in the spotlight along with the crypto-proxy heavyweights like Strategy Inc. (NASDAQ:MSTR) as its strategic pivot toward artificial intelligence (AI) infrastructure sparks a technical breakout.

Recently, Zacks.com users have been paying close attention to CleanSpark (CLSK). This makes it worthwhile to examine what the stock has in store.

CleanSpark Inc (NASDAQ:CLSK) shares are trading marginally higher Thursday morning as traders continue to react to fresh 13F positioning that shows a hedge fund sharply increasing its stake.
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
Financial Services
Asset Management - Cryptocurrency
256
2016-11-16
3.72