{"id":3662,"date":"2024-12-03T18:16:52","date_gmt":"2024-12-03T18:16:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3662"},"modified":"2024-12-03T18:16:52","modified_gmt":"2024-12-03T18:16:52","slug":"bitcoin-miner-cleanspark-has-solid-albeit-relatively-quiet-quarter-ready-for-growth-says-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3662","title":{"rendered":"Bitcoin Miner CleanSpark Has &#8216;Solid, Albeit Relatively Quiet&#8217; Quarter, Ready For Growth, Says Analyst"},"content":{"rendered":"<div>\n<p><strong>CleanSpark Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/CLSK#NASDAQ\">CLSK<\/a>) shares were down on Tuesday, even after the company reported <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/12\/42289072\/zscaler-transmedics-group-and-other-big-stocks-moving-lower-in-tuesdays-pre-market-session\">upbeat fourth-quarter results<\/a>.<\/p>\n<p>The company reported its results amid an <a href=\"https:\/\/www.benzinga.com\/earnings\">exciting earnings season<\/a>. Here are some key analyst takeaways.<\/p>\n<h1 class=\"wp-block-heading\"><strong>HC Wainwright On CleanSpark<\/strong><\/h1>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/61d4371c30778300016abc55\/mike-colonnese\">Analyst <strong>Mike Colonnese<\/strong><\/a> reiterated a Buy rating and price target of $27.<\/p>\n<p>CleanSpark, a Bitcoin mining company that offers investors &#8220;pure-play exposure&#8221; to the world&#8217;s largest crypto, reported &#8220;solid&#8221; results for the fourth quarter and fiscal 2024, Colonnese said in a note.<\/p>\n<p>&#8220;FY2024 was another strong year of execution for CLSK,&#8221; with the company growing total deployed capacity by 187% year-on-year to 27.6 EH\/s at the end of September versus an average of around 75% for its peers, the analyst stated. CleanSpark also improved its overall fleet efficiency &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/earnings\/earnings-beats\/24\/12\/42298264\/bitcoin-miner-cleanspark-has-solid-albeit-relatively-quiet-quarter-ready-for-growth-\" alt=\"Bitcoin\" miner cleanspark has albeit relatively quiet quarter ready for growth says analyst>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CleanSpark Inc (NASDAQ:CLSK) shares were down on Tuesday, even after the company reported upbeat fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. HC Wainwright On CleanSpark Analyst Mike Colonnese reiterated a Buy rating and price target of $27. CleanSpark, a Bitcoin mining company that offers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3662","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3662"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3662\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}