CleanSpark has 292.56 million shares outstanding.
Understanding CleanSpark's Share Structure
The number of shares outstanding is a fundamental metric for any publicly traded entity, including CleanSpark. This figure represents the total count of a company's common stock shares that are currently held by all investors, encompassing individual shareholders, institutional funds, and company insiders. This value is not static and can change over time due to corporate activities such as the issuance of new stock, share repurchases (buybacks), or the exercise of stock options and warrants.
The figure for shares outstanding is vital for several key financial analyses and provides valuable insights into a company's financial health and market valuation:
- Market Capitalization: This metric is directly used to calculate a company's market capitalization, which is the total value of its outstanding shares (Market Cap = Current Share Price × Shares Outstanding). It serves as an indicator of the company's overall size and market worth.
- Earnings Per Share (EPS): EPS is a critical profitability measure calculated by dividing a company's net income by its shares outstanding. It helps investors understand how much profit the company generates for each outstanding share.
- Shareholder Dilution: Fluctuations in the number of shares outstanding can impact existing shareholders. An increase in outstanding shares without a corresponding increase in earnings can lead to dilution, potentially reducing the value of each individual share.
Here's a concise summary of CleanSpark's shares outstanding:
| Metric | Value |
|---|---|
| Shares Outstanding | 292.56 million |
This provides a clear picture of the company's current equity base in the public market.
