CleanSpark, Inc. experienced a substantial surge in stock price after reporting unexpected fiscal Q1 profit, reflecting a 166% increase in bitcoin mining revenue driven by the surge in Bitcoin's price. The company's Q1 GAAP EPS of $0.14 exceeded analyst estimates and displayed significant improvement from previous quarters, leading to a surge in investor sentiment. CleanSpark's strategic sales contract worth $6.4 million and the acquisition of two mining facilities demonstrated potential market expansion and growth strategies. The company's financial performance exceeded analyst revenue estimates, fueling optimism about its future growth potential and financial stability. Additionally, the significant increase in stock value was attributed to CleanSpark's positive year-over-year financial results in conjunction with the ongoing surge in crypto-mining stocks. CleanSpark's stock price also crossed above the average analyst target, indicating positive market sentiment and potential future gains.