CleanSpark, Inc.

NasdaqCM:CLSK Stock Report

Market Cap: US$4.1b

CleanSpark Management

Management criteria checks 2/4

CleanSpark's CEO is Matt Schultz, appointed in Aug 2025, has a tenure of less than a year. total yearly compensation is $13.90M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 0.94% of the company’s shares, worth $38.39M. The average tenure of the management team and the board of directors is 1.2 years and 6 years respectively.

Key information

Matt Schultz

Chief executive officer

US$13.9m

Total compensation

CEO salary percentage5.18%
CEO tenureless than a year
CEO ownership0.9%
Management average tenure1.2yrs
Board average tenure6yrs

Recent management updates

Recent updates

It's Down 27% But CleanSpark, Inc. (NASDAQ:CLSK) Could Be Riskier Than It Looks

Aug 22
It's Down 27% But CleanSpark, Inc. (NASDAQ:CLSK) Could Be Riskier Than It Looks

We Believe CleanSpark's (NASDAQ:CLSK) Earnings Are A Poor Guide For Its Profitability

Aug 14
We Believe CleanSpark's (NASDAQ:CLSK) Earnings Are A Poor Guide For Its Profitability

Calculating The Fair Value Of CleanSpark, Inc. (NASDAQ:CLSK)

Jul 30
Calculating The Fair Value Of CleanSpark, Inc. (NASDAQ:CLSK)

CleanSpark, Inc.'s (NASDAQ:CLSK) Shares Leap 28% Yet They're Still Not Telling The Full Story

Jul 01
CleanSpark, Inc.'s (NASDAQ:CLSK) Shares Leap 28% Yet They're Still Not Telling The Full Story

CleanSpark, Inc.'s (NASDAQ:CLSK) Shares Leap 25% Yet They're Still Not Telling The Full Story

Apr 27
CleanSpark, Inc.'s (NASDAQ:CLSK) Shares Leap 25% Yet They're Still Not Telling The Full Story
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Energy Expansion And 50 Exahash Bitcoin Mining Will Expand Capabilities

Strategic expansion in energy-rich states and focus on scaling aims to boost Bitcoin production and future revenue growth.

Not Many Are Piling Into CleanSpark, Inc. (NASDAQ:CLSK) Stock Yet As It Plummets 25%

Mar 04
Not Many Are Piling Into CleanSpark, Inc. (NASDAQ:CLSK) Stock Yet As It Plummets 25%

CleanSpark's Summer Buying Spree

Oct 02

CleanSpark, Inc.'s (NASDAQ:CLSK) Stock Retreats 34% But Revenues Haven't Escaped The Attention Of Investors

Aug 18
CleanSpark, Inc.'s (NASDAQ:CLSK) Stock Retreats 34% But Revenues Haven't Escaped The Attention Of Investors

CleanSpark, Inc.'s (NASDAQ:CLSK) Price In Tune With Revenues

Jul 04
CleanSpark, Inc.'s (NASDAQ:CLSK) Price In Tune With Revenues

CleanSpark May Benefit From The Bitcoin Halving Event

Apr 01

CleanSpark, Inc.'s (NASDAQ:CLSK) 145% Jump Shows Its Popularity With Investors

Feb 28
CleanSpark, Inc.'s (NASDAQ:CLSK) 145% Jump Shows Its Popularity With Investors

CleanSpark To Benefit From SEC Decision - But Not Necessarily Right Now

Jan 15

With CleanSpark, Inc. (NASDAQ:CLSK) It Looks Like You'll Get What You Pay For

Jan 04
With CleanSpark, Inc. (NASDAQ:CLSK) It Looks Like You'll Get What You Pay For

Health Check: How Prudently Does CleanSpark (NASDAQ:CLSK) Use Debt?

Sep 22
Health Check: How Prudently Does CleanSpark (NASDAQ:CLSK) Use Debt?

CEO Compensation Analysis

How has Matt Schultz's remuneration changed compared to CleanSpark's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

US$292m

Mar 31 2025n/an/a

-US$196m

Dec 31 2024n/an/a

US$67m

Sep 30 2024US$14mUS$720k

-US$149m

Jun 30 2024n/an/a

-US$158m

Mar 31 2024n/an/a

US$64m

Dec 31 2023n/an/a

-US$78m

Sep 30 2023US$6mUS$540k

-US$134m

Jun 30 2023n/an/a

-US$104m

Mar 31 2023n/an/a

-US$106m

Dec 31 2022n/an/a

-US$86m

Sep 30 2022US$23mUS$350k

-US$40m

Jun 30 2022n/an/a

US$2m

Mar 31 2022n/an/a

US$5m

Dec 31 2021n/an/a

US$14m

Sep 30 2021US$12mUS$350k

-US$8m

Jun 30 2021n/an/a

-US$17m

Mar 31 2021n/an/a

-US$11m

Dec 31 2020n/an/a

-US$29m

Sep 30 2020US$1mn/a

-US$23m

Jun 30 2020n/an/a

-US$28m

Mar 31 2020n/an/a

-US$24m

Dec 31 2019n/an/a

-US$26m

Sep 30 2019US$430kn/a

-US$26m

Compensation vs Market: Matt's total compensation ($USD13.90M) is above average for companies of similar size in the US market ($USD7.08M).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.

CEO

Matt Schultz (56 yo)

less than a year
Tenure
US$13,897,921
Compensation

Mr. S. Matthew Schultz, also known as Matt, serves as Executive Director and Executive Chairman of CleanSpark, Inc. and served as its Chairman of the Board since October 4, 2019 and also serves as CEO Sinc...

Leadership Team

NamePositionTenureCompensationOwnership
S. Schultz
CEO & Chairmanless than a yearUS$13.90m0.94%
$ 38.4m
Gary Vecchiarelli
President & CFO3.8yrsUS$2.02m0.22%
$ 9.0m
Taylor Monnig
CTO & COO1.4yrsUS$2.49m0.043%
$ 1.7m
Scott Garrison
Executive VP & Chief Development Officerless than a yearUS$2.94m0.054%
$ 2.2m
Brian Carson
Chief Accounting Officer1yrno data0.013%
$ 542.1k
Barbara Domingo
Senior Director of Investor Relationsno datano datano data
Leighton Koehler
General Counselless than a yearno datano data
Bradley Audiss
Senior Vice President of Operations1.8yrsno datano data
Harry Sudock
Chief Business Officer1.8yrsno datano data
1.2yrs
Average Tenure
47yo
Average Age

Experienced Management: CLSK's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
S. Schultz
CEO & Chairman11.6yrsUS$13.90m0.94%
$ 38.4m
Larry McNeill
Lead Independent Director10.8yrsUS$320.00k0.10%
$ 4.1m
Roger Beynon
Independent Director6yrsUS$320.00k0.042%
$ 1.7m
Thomas Wood
Independent Director6yrsUS$320.00k0.063%
$ 2.6m
Amanda Cavaleri
Independent Director2.8yrsUS$320.00k0.047%
$ 1.9m
6.0yrs
Average Tenure
59yo
Average Age

Experienced Board: CLSK's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/01 10:29
End of Day Share Price 2025/10/01 00:00
Earnings2025/06/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CleanSpark, Inc. is covered by 15 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas GilesB. Riley Securities, Inc.
Gregory LewisBTIG
Brett KnoblauchCantor Fitzgerald & Co.