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CLSK Reports Strong Bitcoin Mining, New CEO Announced

Bryce TuoheyAvatar
Written by Bryce Tuohey
Updated 9/9/2025, 5:03 pm ET | 6 min

In this article Last trade Oct, 10 7:44 PM

  • CLSK-6.12%
    CLSK - NASDAQCleanSpark Inc.
    $18.86-1.23 (-6.12%)
    Volume:  63.69M
    Float:  273.63M
    $17.30Day Low/High$22.12

CleanSpark Inc.’s stocks have been trading up by 5.23 percent following significant operational enhancements and a promising future outlook.

Candlestick Chart

Live Update At 17:03:18 EST: On Tuesday, September 09, 2025 CleanSpark Inc. stock [NASDAQ: CLSK] is trending up by 5.23%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Overview of CleanSpark’s Financial Performance

In the world of trading, having a strategic approach can significantly influence success. One principle many experienced traders follow is to maintain discipline and emotional control when making decisions in the market. As millionaire penny stock trader and teacher Tim Sykes, says, “Cut losses quickly, let profits ride, and don’t overtrade.” This wisdom highlights the importance of minimizing potential losses by swiftly exiting unprofitable trades, maximizing gains by allowing successful trades to continue, and maintaining focus by avoiding excessive trading activity. Adhering to such guidelines can help traders navigate the unpredictable nature of the markets more effectively.

CleanSpark Inc. recently reported significant strides in their financial performance. August has been particularly remarkable for them with a substantial production of 657 BTC, translating to a peak daily production rate of 21.20 BTC. The year-to-date total now stands at an impressive 5,296 BTC for the year 2025. Such metrics undeniably showcase robust mining operations and emphasize CleanSpark’s prowess in the ever-competitive bitcoin market.

Additionally, June’s earnings report for CleanSpark Inc. underlined a 28% increase in bitcoin production year-over-year. This is not just a sign of growth but an indication that CleanSpark is adeptly navigating the volatile world of cryptocurrency mining. With an average cost per Bitcoin well below the market price, the profitability is of evident significance.

CEO Matt Schultz’s return is another promising sign for the future. His past leadership saw the company successfully raise billions in capital, and this strategic decision could propel the company forward even further. The operational excellence demonstrated in the increase of average hashrate, coupled with notable bitcoin treasury growth, contributes to a strengthened market position.

From another angle, the financial health of CleanSpark appears robust, with metrics highlighting strong profitability and efficiency. Despite operating in the unpredictable world of bitcoin mining, the company manages to maintain solid financial ratios. With total revenue surpassing $378.97M and leveraging a reasonable 0.38 total debt to equity ratio, CleanSpark stands on firm financial ground.

Key ratios show a company that is not just cautiously optimistic about its future but positioned for success. CleanSpark’s price-to-earnings ratio sits comfortably at 12.49, presenting it attractively in the eyes of value investors. With innovations in place and the infrastructure ready to expand, CleanSpark surges ahead as a remarkable player in its sector.

Leadership Changes: Implications for Stakeholders

Leadership changes often come with mixed feelings—investors might see them as signals of turbulence or a fresh start. For CleanSpark, Matt Schultz’s return as CEO is more a continuation and amplification of a familiar and successful path. His previous tenure saw the raising of substantial capital and an expansion in the energy and bitcoin mining sectors. Many anticipate this leadership transition to reinforce confidence among investors and well-wishers.

The internal reshuffle, with long-standing team members assuming enlarged roles, promises to align organizational goals with individual expertise. New strategies may unfold, aiming for diversified growth alongside consolidating present success. Market watchers expect internal reconfigurations to foster an atmosphere ripe for creativity and innovation.

As CleanSpark sets its sights on continued growth, it’s anticipated that Matt Schultz will leverage past experiences to steer the company forward, potentially unlocking new avenues of profitability while maintaining its current robust footing in bitcoin mining.

More Breaking News

Understanding CleanSpark’s Stock Movement

The impact of these transformative news bites cannot be overstated when looking at stock movements. Historically, leadership changes can bring renewed focus and optimism, sometimes followed by a stock price rally. With Schultz’s leadership, CleanSpark might see an uptick in investor enthusiasm.

Furthermore, the significant spike in bitcoin production and its fiscal demonstrations stand as vital checkmarks for current and potential traders. With diversified growth path being charted, the stock price may continue to rise, befitting a company in a competitive yet promising field. Trader sentiment remains cautiously upbeat as reflected by the latest stock trends—a testament to CleanSpark’s ability to maneuver the market.

In summary, CleanSpark’s recent developments in bitcoin production, innovative team realignment, and strategic leadership changes reflect positively within the financial community. As they navigate through a complex yet promising domain, stakeholders can feel optimistic about future trajectories and potential upliftments in their market valuations. As millionaire penny stock trader and teacher Tim Sykes says, “Be patient, don’t force trades, and let the perfect setups come to you.” Therefore, an opportunity for traders might present itself if they maintain patience and strategic focus, waiting for the perfect market setup.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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Bryce Tuohey

Mentor and Trainer at StocksToTrade.com, Lead Mentor at Small Cap Rockets and To The Moon Report
Bryce’s first pattern was buying into strength in breakouts. But he noticed when they didn’t work, he took bigger losses. When the OTC market got hot, Bryce learned to dip buy the inevitable panics. He adapted his breakout strategy and now buys consolidation and trend breaks. His goal is to have better risk/reward and get an entry before multi-day listed breakouts.
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In this article (YTD Performance)


* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”

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