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Cleanspark ( (CLSK) ) has provided an update.
On August 11, 2025, CleanSpark announced the appointment of Matt Schultz as the new CEO following the resignation of Zachary Bradford. Schultz, a co-founder and former CEO, aims to ensure stability and continuity as the company continues to execute its strategic plans in the Bitcoin mining industry. The leadership change is intended to help CleanSpark capture new opportunities and maintain its position as a market leader.
The most recent analyst rating on (CLSK) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Cleanspark stock, see the CLSK Stock Forecast page.
Spark’s Take on CLSK Stock
According to Spark, TipRanks’ AI Analyst, CLSK is a Neutral.
Cleanspark’s overall stock score reflects its strong revenue growth and operational improvements, as highlighted in the earnings call. However, significant profitability and cash flow challenges, coupled with a negative valuation, weigh heavily on the score. Technical indicators suggest mixed momentum, with short-term weakness but potential long-term support.
To see Spark’s full report on CLSK stock, click here.
More about Cleanspark
CleanSpark, Inc., known as America’s Bitcoin Miner®, is a leading Bitcoin mining company with operations across the United States. The company focuses on optimizing its mining facilities to deliver superior returns by leveraging low-cost, high-reliability energy sources.
Average Trading Volume: 26,688,233
Technical Sentiment Signal: Sell
Current Market Cap: $2.83B
For an in-depth examination of CLSK stock, go to TipRanks’ Overview page.