This company is expected to earn -0.19 per share for the fiscal year ending September 2021, which represents a year-over-year change of 63.5. “We continue to sell a major portion of our bitcoin and reinvest it into infrastructure and machines,” he wrote. Earnings Estimate Revisions for CleanSpark. Data from Glassnode last month suggested that the average Bitcoin miner returned to a position of net profit when the asset reclaimed $18,800.ĭespite the momentum, Holoyak said his company is yet to enter HODL mode. “Especially when you compare today’s BTC prices to the tail end of 2022 when miners were also seeing higher energy costs.”īitcoin’s 49% climb since the start of the year makes mining a more profitable endeavor since miner rewards are mostly denominated in a fixed number of BTC per block. “While it’s premature to call a bull market setting in, upward price momentum is making miners much more optimistic,” said CleanSpark Chief Communications Officer Isaac Holyoak via email. Shares of CleanSpark (NASDAQ:CLSK) rose +7. Their CLSK share price forecasts range from 5.00 to 12.00. Iris, however, recently announced plans to rebuild its capacity earlier this week, after Blockstream confirmed a $125 million raise to expand its hosting services in late January. CleanSpark stock jumps 8 after co says 697 bitcoins mined in January. 4 brokerages have issued 1 year price targets for CleanSparks shares. The expansion comes only two months after American mining giants like Core Scientific filed for bankruptcy, while others like Iris Energy saw a swath of mining machines liquidated due to failures in paying down their debt. The new rigs will add 2.44 exahashes per second (EH/s) to its existing computational force of 6.6 EH/s. Third quarter revenue of 31.0 million, net GAAP loss of (29.3) million and Adjusted. Bitcoin mining firm CleanSpark announced a purchase of 20,000 new ASIC machines on Thursday, after the asset rallied to nearly 25,000 the day prior. Bitcoin Miners and Average HODLers Are Back in the Black CleanSpark Reports Third Quarter FY2022 Financial Results.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |