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Cleanspark Increases CTO Compensation Package Significantly

Story Highlights

The latest announcement is out from Cleanspark ( (CLSK) ).

On April 22, 2025, CleanSpark, Inc.’s Compensation Committee approved a significant increase in the compensation package for Taylor Monnig, the Chief Technology Officer. The adjustments include an increase in his annual base salary from $410,000 to $550,000 and a rise in his bonus target from a maximum of 100% to 150% of his base salary. Additionally, the equity grants under the 2025 Long Term Incentive Plan for Mr. Monnig were increased, reflecting a strong commitment to retaining key talent and potentially enhancing the company’s operational capabilities.

Spark’s Take on CLSK Stock

According to Spark, TipRanks’ AI Analyst, CLSK is a Neutral.

CleanSpark’s stock is characterized by strong revenue growth and strategic expansion plans, contributing positively to its score. However, challenges in profitability and cash flow management, coupled with bearish technical indicators and an overvalued valuation, present significant risks. The positive earnings call partially offsets these concerns, reflecting an overall moderate stock outlook.

To see Spark’s full report on CLSK stock, click here.

More about Cleanspark

CleanSpark, Inc. operates in the energy sector, focusing on providing advanced software and control technology solutions for energy systems, including microgrids and distributed energy resources.

YTD Price Performance: -6.24%

Average Trading Volume: 25,025,332

Technical Sentiment Signal: Buy

Current Market Cap: $2.49B

See more data about CLSK stock on TipRanks’ Stock Analysis page.

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