Chairman, Chief Executive Officer. cleanspark.com opinions are my own. Not financial advice. My only account. Any DM is not me.

Utah, USA
Amazing way to kick off the Imagine IF conference.
“We need leaders, not managers.” – @MarshaBlackburn From Bitcoin as a strategic reserve to AI governance, we were privileged to be joined by the senator and CEO of @CleanSpark_Inc, @smatthewschultz, to kick off Imagine IF by diving into why freedom must be at the center of innovation.
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Just finished a small dinner with Secretary Bessent and Chairman Scott. We talked about the Market Structure bill. We talked about the economy. We talked about the 11 finalists for the Chair of the Fed, and we talked about the Strategic Bitcoin Reserve. The US holds about $17B of Bitcoin and ‘will not sell’ and plan to continue to accumulate. Those things were cool. What’s cooler? Being at the table. Being in the room. Talking about land. Power. Sovereign AI. Talking about Bitcoin. The actual Secretary of the Treasury of the United States of America and the Chairman of the Banking committee care enough about what we do to sit down and talk about how they can help. We’re so early. But we’re about to arrive. No other ‘crypto’ or AI folks were here. Tick. Tock.
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So. I just ran into a guy that’s a huge fan of #bitcoin and LOVES what we’re doing at @CleanSpark_Inc in #georgia and #mississippi and #wyoming.
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We went “asset heavy” years ago when the en vogue move for miners was to go asset light and stack asics. We bought land. We bought data centers. We built substations. We partnered with utilities. We stacked power purchase agreements. We own our infrastructure. All the while stacking 13k BTC at 54%+ gross margins. We use that MASSIVE stack of bitcoin as collateral to borrow cheap fiat and build more infrastructure. Also. We’re about to celebrate ONE WHOLE YEAR without selling a single share of equity and no ATM. Z E R O EQUITY DILUTION OF ANY KIND SINCE 11/24. Now all you hear about is the value of land and power. It’s almost like the perfect storm. 33 data center locations. 1.03GW of CONTRACTED, AVAILABLE POWER. 1.7GW CURRENT PIPELINE. Major cities. Rural communities. More to come. Right where we need to be. Stay tuned. $clsk @CleanSpark_Inc
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Well. Apparently he liked our conversation. #bitcoin $clsk @CleanSpark_Inc
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Phenomenal dinner in DC last night, now enjoying Dallas talking about our next growth plans with my buddy @mikealfred and the incredible @GregAbbott_TX Probably nothing. Tick tock.
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While I didn’t get a call from Jane Street, and I don’t have a SCOOP ON MASSIVE NEWS, like some of my friends, I have spent a couple of weeks with Senators, Representatives and the new Crypto Czar. I can confirm that Bitcoin has been discussed as a ‘Matter of National Security’. I also know that there are only 450 new bitcoin per day, and etfs are soaking up far more than that. Lastly, I can confirm that the demand for power, land and infrastructure is off the charts. Govern yourselves accordingly.
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Several years ago, @CleanSpark_Inc increased its AUTHORIZED shares from 100M to 300M. Since then we’ve grown from a ~$200M company to a multibillion dollar company. We’re still not even at that 300M share level. Years after the fact. After extensive consultation with advisors, attorneys and the board, the company determined that a simple increase in the authorized shares was in the best interest of the shareholders and the Proxy was approved by unanimous consent. The company filed for that proxy last Friday. This process, if approved is simply the change of the authorized shares in the articles of incorporation with the State of Nevada. Any underlying issuance STILL has to be approved. Most of our peers have gone through similar procedures. CHANGING THE AUTHORIZED SHARES DOES NOT DILUTE ANYONE. It simply gives the company the flexibility to take advantage of the opportunities that exist in our industry where weaker players, sometimes burdened by debt and inefficiency, simply cannot survive. We’ll be positioned to make the best of those situations for our shareholders. By increasing the authorized, the company has a much shorter path to be enabled to take advantage of opportunities for growth, consolidation, acquisition, etc. This process requires preparation and mailing of a proxy for voting to all of our shareholders. It takes weeks/months. We have always been extremely efficient with capital and there isn’t anything about that that’s going to change. Thanks for all of the thoughtful questions and feedback, both positive and less than positive. After all, it is your #bitcoin mining company.
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Howdy 🤠 y’all. Greetings from beautiful Norcross, GA. #Bitcoin #bitcoin @CleanSpark_Inc
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You’ve got to think that if preparedness and planning are going to have a huge impact on @CleanSpark_Inc , we’re set up for a pretty bright ‘25. 1. Passed 37.5EH/s ⬆️ 2. Efficiency 17.7 j/th ⬇️ 3. No 🙅🏻‍♂️🙅🏻‍♂️ATM since Nov. 4. 1H25 🔜guidance to 50. 5. ASICS secured to 63 🚀. 6. Industry leading ops. 7. Approaching a 10k stack While many folks chose to pivot to HPC, and some countries are even halting mining 👇👇👇👇our world-class team and state-of-the-art facilities are fully funded to exceed 50EH/s early this year at amongst the highest efficiency, lowest cost to mine, highest uptime, best utility relationships, and greatest community impact. We’re taking advantage of our ability to leverage the growth of our share of the global hashrate. The time is now. The $clsk team also secured options on the most-efficient 13.5j/th rigs at the world’s lowest published cost perTH to get us all the way to 63EH/s. Our recent 0.00% coupon, $650M upsized bond offering paired with a share repurchase and a capped call effectively mitigate any dilutive impact until we’re WAY beyond $20/share. We elected NOT to buy BTC at $105k, rather to strengthen our operations that are currently minting well over 20 shiny new BTC/day at a sub $40k cost to mine, and stack efficiently and hold on to those things just like our lives depend on it. We terminated our lone co-location in NY, meaning that AMERICAS 🇺🇸BITCOIN MINER is 100% self-owned and operated and every single team member running our fleet is an equity stakeholder in YOUR company. Also. Every bitcoin we mine, and every global transaction we add to a block, takes place right here in the USA. We believe our wholly-owned fleet is among the lowest cost per EH in the nation. We also believe our average cost of the nearly 10k bitcoin we hold is the lowest of any other miner, many don’t even own #bitcoin. Friends, please know that our team is working hard to exceed your expectations. Thank you for your feedback, your support, and your trust. I wish you and yours a wonderful 2025. 🙏🏽
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Our #bitcoin week so far. 1. @realDonaldTrump meets with bitcoin mining executives. 2. @POTUS then announces they also want #Bitcoin as campaign contributions. 3. @saylor adds a half billion to his #Bitcoin bags. 4. @RepThomasMassie proposes abolishing the federal reserve after learning more about #BTC 5. ETF inflows into spot bitcoin funds CONTINUE at record pace. Recall (if you’re old enough) when the internet was called “the information superhighway” and nobody understood it but it had something to do with free cd-roms from AOL. Remember how you wished you’d have understood that, because you could’ve changed your life, and you vowed never to miss that opportunity again? Think of #bitcoin as the engine-driving, securing and supporting the digital economy. Another layer, if you will, of the evolution of the internet. And a currency that cannot be devalued, debased or diluted. #wearesoearly Don’t trust your hairstylist when she says “bitcoin goes to zero”. Just educate yourself about this. Then decide. For yourself. Then understand that #bitcoin miners are the literal guardians of the decentralized blockchain, ensuring that NOBODY can mess with the rules. Not people. Not governments. Not political adversaries. Not the federal reserve. NOBODY. And for that service, we receive #bitcoin as payment. It’s really the perfect answer. Dig into @MarathonDH or @RiotPlatforms or @Core_Scientific or @IREN_Ltd or @cifr or @Bitfarms_io and of course read everything you can find about @CleanSpark_Inc my personal favorite. 😉 Realize that we collectively partner with energy companies to build, design, engineer and deploy more energy assets to support the digital future. Cleaner. Faster. More efficient than any other industry, bar none. What’s the next move?
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I had a shareholder reach out to me to discuss $clsk. He said, “correct me if I’m wrong about this, but I made a spreadsheet that shows @CleanSpark_Inc has: -Almost 1GW of actually built, FULLY completed, actually OPERATING electrical infrastructure. -Over 50EH/s of Mining capacity, currently operating at the highest uptime in the entire industry. -Roughly 300,000 ASICS that are the most, or second most efficient fleet in the world. -Well over 12,500 BTC on the balance sheet, all mined, none bought. -32 data centers around the country with over 300 employees. -And you guys DONT HAVE AN ATM, You DONT HAVE AN OFFERING, and you BOUGHT BACK millions of shares in December? I feel like this is an investment my kids will tell my grandkids that I made…” I just listened. Sipping my coffee. Smiling.
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Ai. First and foremost… These are just my random musings and in no way represent the opinions of my employer, @CleanSpark_Inc Having the opportunity to direct our investor relations and capital markets interactions, I’m frequently asked about our plans to expand into AI, since virtually every #bitcoin mining company on the planet is now an expert on that subject matter. The answer is quite simple. The answer is also the same reason we got into #Bitcoin in the first place. Scarcity and Value. You see, as of today, there are only 450 new Bitcoin that are produced every day. That number will reduce again by half in four years. Bitcoin is the monetization of energy, coupled with proof of work to support hard money that can’t be debased, devalued, or diluted. The more companies hashing to compete for those 450 exceedingly rare bitcoin, the greater the difficulty and the more energy expenditure required to succeed. Now, over and above those 450 virgin, ‘spark’ly new Bitcoin, we also receive transaction rewards for processing power on the blockchain. Every day brings a new announcement of a bitcoin miner pivoting to AI. I love every single time that happens. I’ll volunteer my personal time to assist them in unplugging all of those bitcoin mining ASICS to plug in new servers to run ChatGPT algorithms. Please unplug. Please pivot. Since the very beginning, we recognize the value of monetizing energy, owning our own infrastructure, building, highly efficient, data centers, and partnering with the communities in which we operate. This creates a win – win opportunity. We don’t believe in fixed price power agreements that put the utility at risk, and we also don’t believe in third-party hosting as a core business strategy because, quite simply, all you own at that point are computers. We believe in bitcoin. You see, there are hyper-scalers that can build HPC/AI data center capacity with multi billion if not trillion dollar market valuations. The one thing they cannot do is work quickly in bite-size pieces with hard-working, blue collar, rural American communities in strengthening their power grid, lowering their energy prices, incentivizing the decarbonization of their energy mix, and doing so quickly and efficiently. Tick-Tock, another block. We own our data centers. We own the land in which they are constructed, and we own the power contracts that supply the transformers. Could we pivot to an AI/HPC model? Absolutely. And we could do so in the same, rapid-fire, seamless way that we went from the “last kid on the bitcoin mining bus”, to one of the biggest and most efficient vertically integrated #bitcoin miners in the world. The question is simple… Is data center capacity becoming more scarce? The answer is, no. It’s simply a matter of finding and building more megawatts, buying more land and building more data centers. Demand for data centers will continue to grow. Supply of bitcoin will continue to shrink. One has no limit. The other is precious, finite, and scarce, by design. So, from my simple, single plane thought process… If an invaluable and arguably, perfect money is becoming increasingly scarce with each passing day, why on earth would I choose to invest your precious resources, chasing the hot stock tip buzzword of the day, be it HPC, hyper scaling, AI, Ethereum, Dogecoin or anything else… Data centers have been around for decades. They’re not going anywhere. The opportunity to pivot to one won’t go away either. Bitcoin mining will. 21 and done. So with that said, from me to you, we deeply value every precious nickel of capital we raise. We’ve now raised about ~$1.6B, and with that, grown a company worth ~$4B, and I commit to use all of the information available to always do our best for you, our partners. Now, who needs a hand unplugging some miners?
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Raise your hand 🙋🏻‍♂️if you’re a shareholder in a company that strategically accumulated 33 data center locations with power, land and infrastructure—-strategically located around the country. Oh. Raise the other hand if the same company holds ~13,000 bitcoin, all mined, not bought, at better than 50% margins. @CleanSpark_Inc

ALT Model Melting GIF by bbsquirrel247

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If a company owned land and power all around the nation, that would be an interesting opportunity. If they were already on an ~$800M revenue run rate, that would be even more interesting. The only thing better would be $1.5B in the world’s hardest money and more domestic hashrate than anyone else.
Nvidia CEO Jensen Huang said that demand is up huge this year as artificial intelligence models develop further from answering simple questions to complex reasoning. Here's what else he told CNBC: cnb.cx/4gXK9y0
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Keep doubting.
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Greater than 5% of total BITCOIN global hashrate. Stack BTC 12k+ deep, all self mined. *No ATM* Since 11/24. Escape velocity. ~45% short interest ~65% institutional ownership Tick tock. @CleanSpark_Inc IS #americasbitcoinminer
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Our industry is finally getting the recognition it so rightly deserves. We secure the grid. We provide fantastic careers. We incentivize renewable energy and we secure the #bitcoin #Blockchain @CleanSpark_Inc is here for all of it
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Hey friends. A special request, if you’re so inclined. Send up a prayer, some good vibes or just a bit of love for @Charge_Stack Not many finer folks around this industry, and we’re all better that he’s part of it. Prayers for your recovery, my friend. 🙏🏽❤️
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Back in ‘21, with power prices on the rise, and tons of new hashrate coming online, @CleanSpark_Inc sold our #bitcoin , and invested that capital into MASSIVE growth during the bear market. We bought companies that had good bones, and just lacked the “CleanSpark way”, and we’ve turned them into the most efficient facilities with amongst the highest uptime in the country. Back last summer, we ran some future models looking at energy, global hashrate, ASIC costs, estimated capex to fund facilities, and we decided to stomp on the gas pedal. We started to #HODL like crazy. We secured the VERY BEST mining rigs money can buy, we exploded the growth at our FULLY SELF OWNED, VERTICALLY INTEGRATED facilities. We brought in the absolute best of the best on our team, and today, we operate OVER 16EH, running more than 131,000 machines, holding OVER 4200 #bitcoin and have less than $15M in debt. SECURING the global #bitcoin blockchain more efficiently and with greater uptime than ever before. Not to mention we have the next 50MW of Sandersville still in process and the new Dalton facility nearing completion. 60% growth of our hashrate in one month, and best of all, our fleet efficiency is at an all time best, with more incoming. I can’t wait to see where this 4 years of preparation and planning and prudent capital management takes us through this amazing cycle we now find ourselves in. Tremendous thanks to all of the teams that worked so tirelessly to get us here. We’re only just getting started. @GaryVec @taylorbmonnig @rhetoric_dude @ZachKBradford
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December 2020: “CleanSpark is late to bitcoin mining” Summer 2025: “CleanSpark is the first to achieve 50EH/s of self owned AMERICAN Bitcoin mining capacity.” Fall 2025: “CleanSpark is late to HPC” #latemoveradvantage
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Sounds like “late to the party” is an advantage? We were the last miner, now nobody has more hashrate in the US. We have the best team in the world. Probably nothing? Maybe something. Tick Tock.
$CLSK Fresh off of touring @CleanSpark_Inc’s facilities, Cantor seems extremely optimistic! 🙌 They visited both Sandersville and Jackson sites 🏭⚡️⚙️ They’ve maintained their price target at $24 🎯 with strong sense that HPC activities are underway ⚡️🔌 Excited to see the power path for more mining and HPC @smatthewschultz and @GaryVec 💪 Here’s quotes from the report 📄👀👇 “While we were impressed with CLSK's Bitcoin mining operations, we come away incrementally more positive on the company's plan to expand beyond Bitcoin mining and into AI/HPC.” “Beyond its current capacity, CLSK has a pipeline of 1.7 GW, and we get the sense it is actively looking at adding additional sites across the US.” “We believe CLSK will start small, such as with a 50 MW proof-of-concept site, and then ultimately continue to expand its AI/HPC footprint overtime. We believe the company has already begun conversations with potential customers and is actively looking to build out its data center team. “ “Management recognizes it is relatively late to the party when compared to other miners, but it believes it has what it takes to be one of the biggest providers of AI/HPC capacity. With this strategy shift underway, we believe shares have more room to run. We are reiterating our OW rating and our $24 PT.”
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“Our repurchase of more than 10% of our outstanding shares for approximately $460 million reinforces our confidence in the business we’re building and our commitment to long-term value creation.” What it isn’t. Not an ATM. Not an equity offering. No insiders are participating in any way, in fact, ALL section 16 filers agreed to a share lockup. What it does. Clears the Bitcoin-backed credit facility. Buys back shares. Provides capital to execute on our strategic expansion into AI/HPC. Dry powder to hunt land and power.
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Quick Bitcoin Network Update!!! Given the heightened geopolitical risks, the uncertainty surrounding United States/China tariff policy, the turmoil in capital markets, and the New York mayoral election: The owners of the Bitcoin network have made the following adjustments: 1. There is no owner. 2. Bitcoin doesn’t care. 3. 1BTC=1BTC 4. There is no safer money. Tick Tock. Next Block.
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Tick. Tock. 🤠
CLSK has secured 285MW in Texas for AI/HPC 👀
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Hundreds of texts and dm’s and emails from our shareholders; partners and friends. We pride ourselves on transparency and thorough communication. We were asked to refrain from commentary until the powers at be were completely satisfied with the disclosure. That said: CleanSpark, Inc. (Nasdaq: CLSK), America's BitcoinMiner® (the "Company"), today addressed the trading halt imposed by Nasdaq following an issue relating to the calculation of the number of outstanding warrants (Nasdaq: CLSKW) (the "Warrants") and the number of shares underlying those Warrants. The trading halt is not the result of any issue associated with CleanSpark's business, operations, filings with the SEC, financial statements or securities.  $clsk @CleanSpark_Inc
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Killing time with some friends.
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Land. Power. Team. Not necessarily in that order. @CleanSpark_Inc $clsk
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Welcome Uptober.
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In light of 27% short interest in @CleanSpark_Inc , I found this chart informative. According to 13f filings, 60%+ institutional ownership…. You be the judge.
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Quick update on the global tech blackout’s impact on the #bitcoin network, and @CleanSpark_Inc operations. None. Zip. Zero. Chugging along, tick-tock another block.
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Blackrock now officially owns more than 15% of America’s Bitcoin Miner. CleanSpark, additionally, issued <zero> shares of equity during the period. Tick Tock… sec.gov/Archives/edgar/data/…
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We challenged our team to exceed 20EH/s before the end of June. Mission accomplished. CLEANSPARK EXCEEDS 20EHs!!! #bitcoin #Bitcoin @CleanSpark_Inc @ZachKBradford
The roaring ‘20s are back, the $CLSK way… with a milestone of 20 EH/s in hashrate. 🍾🎷✨
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Probably nothing. Thank goodness we’re sitting on 1gw of active power and a 2gw current pipeline…
From a chief datacenter architect at Microsoft. "I don't think you can overbuild (datacenter) capacity. I don't think we're going to be at a tipping point of overbuilding until 2029, 2030."
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$CLSK 80% owned by institutions, as if they knew about HPC/AI all along. Outstanding shares DECREASED in Q2? Fighting final bosses at 0.786 log fib and monthly Ichimoku cloud top before possibly going to triple digits. Bollinger band expansion suggests more volatility upwards.
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33 sites. 1.03gw operating under contract. 1.7gw development pipeline. 4+ states. @CleanSpark_Inc #americas _______________?
Morgan Stanley: "We continue to believe that Bitcoin sites offer AI players the fastest time to power with the lowest execution risk, and believe this will increasingly be valued/recognized." MS analysts raise their "per watt" value creation estimates after meeting mgmt teams.
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Probably nothing. ⏰
Goldman Sachs is forming a new infrastructure and real-asset finance group to focus on AI data centers, renewables, and defense projects, per WSJ. The team, led by John Greenwood, will arrange loans and investor deals to capitalize on the surge in AI-related financing demand.
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Huge congratulations to all of those who never blinked. Bitcoin has arrived. America’s Bitcoin Miner. @CleanSpark_Inc
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Beyond grateful for the absolutely incredible team we have at @CleanSpark_Inc The process of onboarding a new, international independent audit firm is an incredible lift. BDO did an amazing job pulling this together. The entire CleanSpark team worked tirelessly to ensure we made a seamless transition. To only need to adjust by one day is incredible when you consider the complexity of today’s compliance environment. A humble apology to all of the $clsk shareholders who reached out for an updated filing time, that, frankly couldn’t be predicted until the sign offs were all completed. 22.3EH/s at 98% uptime and 22 J/th with 28EH/s of the best ASICS in the world on order and HUNDREDS of secured and developing megawatts of power secured in some of the most #bitcoin friendly jurisdictions in the world. Oh. And we’re officially the most efficient fleet around. Thanks for your patience and support. Happy Friday, friends.
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“Not all miners created equal. Miners vary by scale, operating efficiency, access to capital and growth prospects. We believe CLSK, our top pick, offers the best balance of scale, growth potential, power costs, and relative value. MARA is the largest operator but has the highest energy costs and lowest margins. RIOT has relatively low power costs and liquidity and is nearing completion of a large facility, but is by far the most expensive name in our coverage universe. CIFR has the lowest power costs but is growth constrained.” Not a bad start to the morning when @jpmorgan initiates coverage! @CleanSpark_Inc #Bitcoin
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As we’ve begun to maximize the value of our massive land and power portfolio through the most profitable types of compute…holding one of the top 10 largest bitcoin treasuries (13,000+) is rocket fuel for our balance sheet. TICK. TOCK.
NEW: 🇺🇸 Senator Cynthia Lummis tells Elon Musk a Strategic Bitcoin Reserve is the wisest thing we can do to shore up the US dollar and will help pay the national debt over the next 20 years
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“……We expanded our Bitcoin treasury to over 12,500 BTC, all from mining operations and without any equity issued to finance the business since November 2024, underscoring our commitment to shareholder value and disciplined capital management." prnewswire.com/news-releases…
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Trading has resumed in $clsk. Thanks for the many notes over the weekend! When they tell you it’s a comms halt, we’re really unable to respond in any way, and for that, I apologize. Appreciate the incredible support from the world’s most loyal shareholders.
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30 EH/S ✅ $67K #btc ✅ 98% Uptime ✅ Short interest ✅ 8K #BTC HODL ✅ Mass exodus of miners to #HPC Slingshot engaged.

ALT Shake And Bake GIF by The Heckler by TBS

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Still cheap. $clsk
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We’re celebrating the life💔 of my kiddo tomorrow. If I could be so bold as to ask all of my friends a simple favor. Be kind. 🙏🏽 Much love to y’all.
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Thanks for all of the messages suggesting share buybacks, AI pivots, mining alt-coins, or buying bitcoin in the open market. Our team is tirelessly building the most resilient, most efficient operations in the world, focusing on mining Bitcoin in America. Adding Bitcoin at cost to our balance sheet each and every day. We appreciate the continued support and welcome all of your feedback. Tick tock, another block. #americasbitcoinminer
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More good news for miners. Clarity. Defined regulations. No more Wild West. The era of actual, proper institutional support of our industry is rapidly approaching. sec.gov/newsroom/speeches-st…
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Slowly……
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Aside from achieving 17EH/s, on time and as promised, We’ve upgraded AND exercised our option for 100,000 new Bitmain S21 PRO series miners for the EXACT same price per terahash as the standard S21. 💥$16.00usd per terahash. These are the most efficient #bitcoin mining machines on the face of the planet. If the average of the global mining fleet is 30 j/th, and these are 15 j/th, @CleanSpark_Inc can mine DOUBLE the #bitcoin for the same energy investment. When you add this to our industry-leading uptime and efficiency, and our world class facilities, this will drive our LOWEST COST PER COIN number even lower. Bring on the halving. prnewswire.com/news-releases…
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Several years ago, we sat around a conference table and decided to trademark “America’s Bitcoin Miner”. We did it because it was, and is, consistent with who we endeavor to be. Creating meaningful partnerships with people, cities, towns and states to support the digital transformation. We knew the importance, because we had long provided mission critical energy infrastructure support to military bases and embassies around the world. At the time, “America’s Bitcoin Miner” also put a target on our back as policy and regulation was not in our favor. Today. “America’s Bitcoin Miner” stands proudly beside all of our partners, our team, and our country as we look to the future where innovation is supported by policy, and Bitcoin grows to what it was always intended to become. And in parallel, we’ve mined and held over 10,000 bitcoin all produced in America. Without the support of all of our stakeholders, this wouldn’t have been possible. Please join us later today as we discuss our fiscal first quarter results.
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Hard to believe it’s been a year. I still catch myself starting a smart ass text so thick with sarcasm that nobody else would get it. Miss your face. Ilysm. Love, Dad.
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Tariff dividends and the government reopening on the horizon. Globally significant, top 10 stack of corn. Thousands of acres. Thousands of megawatts. #buckleup $clsk
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With @realDonaldTrump talking so much about #bitcoin lately, we’re seeing a lot of inquiry about our business at @CleanSpark_Inc and what makes us different. 1. We own our facilities. Georgia, Mississippi, Wyoming, Tennessee, etc. 2. We’ve built or re-engineered most of the facilities. Air cooling. Immersion cooling. All state of the art. 3. We own the power contracts and the infrastructure. The transformers, the power distribution units, the switchgear, all of it. 4. We own all of our ASICS computers. 5. Anyone that touches a CleanSpark asset at a CleanSpark facility, whatever that might be, is also a CleanSpark shareholder. 6. We have repair labs on site. Our technicians can do repairs all the way down to the microchip levels. 7. We don’t host. We have our own proprietary technology stack and operational protocols. We get all of the juice out of our operations, not subject to other operators or hosts that might not be as motivated as one of our “owners”. 8. We have nearly no debt. No convertible loans. No triggers or ratchets or adjustable rates. 9. Even with the entire #bitcoin mining sector under pressure, we’re still up over 100% over the last 365 days. 10. When you combine the industry’s most efficient fleet and highest up-time with total vertical integration and true partnership with our communities, team and partners, you get the Cleanspark Way. $clsk
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This is truly an emotional moment for me. Our company will be investing tens of millions of dollars in my beautiful home state. After that, we expect to add meaningful jobs and energy revenues to all of the communities we grow into. #Wyoming #bitcoin @CleanSpark_Inc $clsk #cominghome #LFG
Giddy up! $CLSK has entered into definitive agreements to acquire 75 MW of #bitcoin mining sites in Wyoming for $18.75 million, expecting to add over 4 EH/s in #hashrate once fully operational.🤠🐎 This is now the third state in our portfolio of owned-and-operated bitcoin mining facilities. The agreement is anticipated to close in 45 days and we plan to break ground shortly after closing. This includes the potential to expand by an additional 55 MW for a total of over 7 EH/s. “Just three short months ago, we took a leap and expanded into Mississippi. Today, I’m pleased to share that we are continuing our journey with our westward expansion into Wyoming. Diversifying our portfolio is integral to our strategy and we are well positioned to take advantage of similar acquisitions in the wake of the halving,” said CEO @ZachKBradford. More info: bit.ly/3yeJF4t
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18 months ago, folks thought #bitcoin and #crypto were the same thing. 12 months ago, banks were discontinuing research coverage of #BTC miners. 6 months ago, #Bitcoin etfs broke and set new records for all time demand. 4 days ago, we sat down with @realDonaldTrump to talk about how #bitcoin is freedom. 3 days ago, @potus flipped a 180 and started praising #Bitcoin, especially for campaign contributions. 2 days ago, @RepThomasMassie called to abolish the fed after reading @saifedean and today, @AB_insights calls for #BTC to hit $1M. But, you should probably wait to see if it catches on or if it’s just a fad. *that last part is not financial advice. bitcoinmagazine.com/business…
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@CleanSpark_Inc discussing its record-breaking annual results. All while we’re just getting started. #buckleup
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I’m growing to love Texas….
A5 Wagyu and tomahawk ribeye with ⁦@smatthewschultz⁩. I ❤️ Texas!
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Hmmm. 🤔
$CLSK Investors buckle up! 🤠📈 @CleanSpark_Inc’s re-rating is in from Chardan Research after considering their current power contracts and pivot to HPC/AI data centers ⚡️🔌🏭 Price Target increased 50% from $20 to $30 🎯🤯 Why the confidence in @smatthewschultz, @GaryVec, and @taylorbmonnig? 👀👇 The company’s proven expertise in acquiring, developing, and managing high-power sites positions it to expand beyond Bitcoin mining into the growing HPC and AI markets. This shift creates the potential for a more diversified and resilient revenue and cash flow stream.
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If you’re going to have a reputation, this is the one to have. $clsk
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🤔
*NVIDIA CEO JENSEN HUANG CALLS FOR INCREASED SPEND ON POWER GENERATION FOR DATACENTERS
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He was as passionate about it in person as he continues to be in public. #bitcoin president.
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Absolutely staggering just how far the world of digital assets has grown. One prior election cycle ago, congress was debating a “war on crypto”. Fast forward to this year, @ZachKBradford and myself, along with a few select members of the #Bitcoin mining sector get a meaningful meeting with @realDonaldTrump to debate, discuss and plan policy support for our industry. This all happened through the tireless efforts of @_amanda_fab and @DavidFBailey and @TracyHoyosLopez . Fast forward more to last night. We were invited to attend the first annual #CryptoBall and have actual one on one conversations with @SpeakerJohnson @SenLummis @howardlutnick @DonaldJTrumpJr @DavidSacks and many more. We had meaningful discussions about the roles our executives have played, and will continue to develop with @saylor and @fgthiel, @theRealSalKhan and other thought leaders in our industry. Above all. I’m humbled and grateful to have the experience to work in an incredible industry with some amazing people. We are so early.
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4 years ago TODAY, you had the last chance in history to buy #bitcoin at $10k. 600 days from TODAY, there will be FEWER than 1M #Bitcoin left to mine. ALSO….There are 4M #BTC lost forever. 21M ever will exist. Some of the most powerful leaders in the free world are speaking at #Bitcoin2024 this week, and inflows into BTC etf’s are surpassing inflows into the $qqq. 8 billion people on the planet. 21 million bitcoin ever. @BlackRock @jpmorgan and others have finally agreed. This is the new, perfect, hard money. @CleanSpark_Inc is just over here doing only one thing, and doing it better, less expensively, more efficiently and cleaner than almost anyone else. No parlor tricks. No shiny keys. No distractions. #AMERICASBITCOINMINER $clsk
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Probably nothing. Tick Tock.
JUST IN: 🇺🇸 Senator Cynthia Lummis tells Jack Dorsey we have a bill ready for de minimis tax exemptions on Bitcoin Tax-free Bitcoin payments soon 😎
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Most #BTC miners are now dabbling in HPC/AI, allocating precious power somewhere other than to #bitcoin, and trying to compete with hyperscalers. Many miners are borrowing money on convertible notes and selling equity to buy #btc at spot. Still other miners are messing with eth swaps and other trash tokens. Meanwhile, with demand for #btc going up, rack space shifting away, @CleanSpark_Inc is laser focused adding megawatts and some of the industry’s most efficient exahash to do exactly what we promised. #americasbitcoinminer
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My home state of Wyoming was the first state to incorporate Women’s Suffrage…..the first state to allow women to vote, the first state to allow women to hold office. Now, the most senior Senator from my state, @SenLummis is on the tip of the spear with bitcoin and bitcoin mining. She’s been a huge advocate for us, and for @CleanSpark_Inc rapidly-growing, full-immersion bitcoin mining sites in Cheyenne. Watch what happens when Wyoming again becomes the first…. Stay tuned at 10AM. #BTC
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Now that the election is over, let’s get back to talking about #bitcoin.
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Just breathe. The same folks losing their mind about the SBR are the same ones that said we got rugged about Ross. No chance @realDonaldTrump builds a strategic reserve of anything not hard cap supply. We have that already. He acknowledged that #bitcoin is the ultimate reserve asset when he met with #americasbitcoinminer (and some others 😉), at his place in June.
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Had a chat with an extremely bright, long-time shareholder of $clsk. He made several fascinating points… From his perspective: HPC/AI is in its honeymoon phase. #BTC mining already experienced this in 2020/2021 when rig prices felt immense pressure from simple supply & demand. Now, the mining rig market has normalized and @CleanSpark_Inc has continued to acquire ASICs at record low $/TH, despite BTC nearly at an all time high. The honeymoon phase of HPC/AI is much riskier than the #bitcoin mining honeymoon phase, because now you’re throwing CUSTOMERS into the mix that you’re 100% reliant on to make money. Most customers currently seeking rented compute have launched in the past 2 years, and have no sustained revenue or actual profit & no business plan on how to even monetize what they’re trying to do. This creates the possibility for bankruptcies & if your customers go bankrupt, so does your HPC/AI business. We only mine #bitcoin in hard working, blue-collar towns in #america, helping stabilize the precious electricity grid. We only bet on #btc. I fully concur. No shiny keys. Just laser focus.
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Just wanted to call out @theBTCMiningGuy Guy created this forum for the constructive feedback that all of the passionate miner investors share. My whole team appreciate the impartiality and exclusivity of what you all have built. Getting to hang with some of the mafia in Vegas was a real honor. Thank you. 🙏🏽🙏🏽🙏🏽
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I believe in #bitcoin. I believe all folks should own it. I also believe in the value of mining #BTC in #America because it gives us an incredible tool to incentivize #energy developers to build that solar, wind, geothermal or #smr #nuclear #reactor because it makes #america and her energy grid stronger. We know #BITCOIN and we know #EnergyTransition and $money drives the machine. We let energy developers make money on new energy projects faster than #HPC or #AI can. Bridging the gap. We can ALWAYS pivot to HPC/AI in any capacity that makes sense because, well, because we own the dirt, buildings, infrastructure, equipment, and POWER. I’m a $clsk shareholder. I want my shares to be as valuable as possible. We’ve raised ~$1.5B since we started and delivered to you a company worth ~$4B. We MINE one #BTC for substantially less than we can BUY one. If we use @CleanSpark_Inc equity to KEEP AND HOLD a $68,000 bitcoin that cost us ~$40k to mine, that’s delivering $28k in value to you! Thats accretive if we’re disciplined with the use of equity, which, i believe you’ll agree, we have. If I use equity to BUY a $68,000 bitcoin for $68,000…why do you need to invest in us? Buy that thing yourself and put it in cold storage IMMEDIATELY. With the #Bitcoin2024 conference in full swing, I’m seeing a ton of inquiries about this. We’re going to go ahead and be the most efficient, largest, wholly owned and vertically integrated #bitcoin miner in America. We’ll deploy the most efficient fleet in the world, we’ll partner with hard-working teams and share the opportunity in small towns throughout the nation. And we’ll build and hold a massive treasury of #bitcoin that we mined for a hell of a lot less than we can buy it. And as a shareholder, when I say “we”, I’m meaning “you”. Thanks for believing in our mission. You’re the reason.
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Expansion of our pipeline of new, high quality power infrastructure by 400MW through our just announced acquisition of @griid is huge. The addition of the teams of hardworking folks and partnerships with beautiful communities throughout the great state of #Tennessee and beyond is the absolute epitome of ‘the CleanSpark way’. And finally, bringing fellas like @treykelly3 and @harry_sudock on to the @CleanSpark_Inc team is a game changer. #bitcoin
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Earnings Day for #AmericasBitcoinMiner $clsk Please listen in! We’re excited to share our results!
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@CleanSpark_Inc newest #bitcoin mining facility begins energizing on TUESDAY! #americasbitcoinminer #sandersville #georgia $clsk $btc #Efficiency
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Rachel, a bit of advice my grandfather gave me. ‘Better to remain quiet and be thought a fool than to open your mouth and remove all doubt.’
NEW: Rachel Maddow calls the Strategic Bitcoin Reserve an "old-fashioned, simple scam," comparing it to "buying billions in Beanie Babies." 🤔
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Gonna start a new hashtag. Open to feedback. # America’s land and tokenizing energy compute company with a billion and a half in American mined bitcoin and a team of three hundred badass professionals managing hundreds of megawatts and fifty exahash. @CleanSpark_Inc $clsk @AJInsight @TheBigMoneyShow
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Let's say l agree with the few messages promoting insider buying. Let's say I buy shares in the open market. Let's also assume (because I am) that I am in possession of material, non-public information. That leaves 2 options. Either I would be breaking the law, or the company and the executives would have to NOT be in possession of any MNPI. (Read: stop building) Would you prefer that we grow and build the company, or cease our growth and m&a for an appropriate (90 days) period of time and instead make a token purchase of shares because that will magically cease short selling? OR. Do we continue to be laser focused at being the best stewards of capital focused on operational excellence?
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🫣🤯🥹
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ICYMI. @BlackRock CEO Larry Fink just told @jimcramer that #bitcoin is #digitalgold and that he’s now a firm believer. @realDonaldTrump, after surviving the horrific events of this weekend is meeting again with #Bitcoin miners next week. It’s a great time to be #americasbitcoinminer $clsk @CleanSpark_Inc
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The incredible teams @CleanSpark_Inc again made and kept promises for timely expansion. With more megawatts and growth fully funded, look for these amazing folks to just keep knocking down every target we raise. The @CleanSpark_Inc way works. #uptime #Efficiency #growth #community #shareholders #Bitcoin prnewswire.com/news-releases…
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Owning the land. Owning the power. Building the substations. All our DNA. “Asset Light” Bitcoin mining was the equivalent of a fashion fad. Ownership controls destiny.
mentions of power on earnings calls
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We’re producing ~24btc/day. We have 50 OWNED EH, ALL in USA (#1 in America) adding to our stack (#6 in the world). And selling just enough to AVOID ANY EQUITY DILUTION since 11/24. Bitcoin fixes everything.
JUST IN: 🇺🇸 President Trump says Bitcoin takes "a lot pressure off the dollar" and it's a "great thing for our country."
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In my opinion, this asset will be the single most important to hold. The world is only just starting to notice. When @realDonaldTrump speaks at #bitcoin conference next week, and emphasizes how crucial #American miners are, I personally would not want to be short.
LARRY FINK: I studied #Bitcoin and now a major believer it is a legitimate financial instrument with uncorrelated returns.
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CleanSpark SOLD #bitcoin ……back in 2021, when the price was near the all time highs. We used that money to grow. To invest. To build one of the top, most EFFICIENT proprietary mining fleets exceeding 88,000 PLUGGED IN RIGS!! Avoiding debt. Focusing on picking up the best assets, investing in acquisitions during the depths of the bear market. Building facilities that partner with, respect, value and serve the community. The best energy. The best facilities. The best team. And we’ve got 16EH FULLY FUNDED, and machines on the way to BLOW PAST 20EH/s!!! We shifted several months ago. Now we’re HODL’ing bitcoin. Growing from a few hundred #btc to now OVER 2,300 BITCOIN!! Since then, the price of bitcoin has been ripping. Now monsters in the banking space like @jpmorgan and @AB_insights and @cantorfitzgerld and Chardan and HCWainwright and BTIG have all selected @CleanSpark_Inc as their research analysts’ TOP PICK in the entire sector. In fact, Reggie Smith fintech analyst at @jpmorgan even RAISED his price target this week, writing “We are updating price targets for our bitcoin mining coverage universe to reflect changes in the price of bitcoin, the network hashrate and other company specific variables (e.g., target hashrate, target fleet efficiency, power prices, etc.). Since we last updated price targets, the price of bitcoin has increased 24%, while the network hashrate has grown 3%, resulting in higher profit projections per EH/s and price targets………We remain Overweight CLSK (top pick).” Brian Dobson research analyst at Chardan also RAISED his price target this week! I’m beyond grateful to be part of a team that is thoughtful, conservative, aggressive, disciplined and smart as we build our part out in securing the future of money, the amazing tool called #Bitcoin We’re just getting started. A sincere thank you to everyone who has been with us along the way as part of this journey.
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Land & Power. We’ve been laser focused on Infrastructure first since day one.
Last week, our analyst Mike Colonnese joined @CleanSpark_Inc CFO @GaryVec in Georgia and Tennessee to tour the company’s BTC mining facilities. The sites combine about 300 MW of capacity, 15.5 EH/s of computing power, and 98% uptime. He shares takeaways on CleanSpark’s operational efficiency and its growing potential in HPC and AI data center development. Read his full takeaways, including insights on CleanSpark’s HPC/AI expansion potential: hcwco-portal.bluematrix.com/…
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Howdy Y’all. 🤠
$CLSK 🚨‼️🗞️ 5th state announced!!! 🗣️ Welcome to Texas @CleanSpark_Inc 🤠 ✅Power under contract ⬆️ by 28% ✅271-acre site is positioned on a major fiber backbone ✅285 MW of power for expansion into high-performance compute and AI infrastructure⚡️🔌 ✅Strategically between Houston and Austin at the intersection of abundant power, fiber connectivity and pro-development energy policy 🏜️ ✅Not done yet as they look to secure additional energy onsite and pursue other regional projects in parallel 🙌 ✅ Energization of more than 200 MW is expected in the first half of 2027. “The Houston market is emerging as a premier destination for next-generation data center development," said Jeffrey Thomas
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Just a quick reminder. CleanSpark bought back 11.75M+ shares in December with some of the proceeds of a ZERO PERCENT INTEREST convertible bond offering that was priced at a 100% conversion premium.
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I appreciate when folks take the time to ‘zoom out’ and look at the big picture….
Everyone’s chasing the “next big AI infrastructure play.” But while $IREN and $CIFR and now $BITF grab the headlines… There’s a Bitcoin miner quietly sitting on 1 GW of power capacity — with direct leverage to AI/HPC. 🧵⚡️ That miner? @CleanSpark_Inc - $CLSK. And the numbers suggest its upside is being massively underpriced. Here’s why $CLSK could be a hidden $20B+ AI/HPC winner. 👇
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NEGATIVE dilution. Escape Velocity. Hodl Yield. Hashrate growth. Efficiency improvement. 0% interest convertible bond, converts up 100% from the issue date. As disciplined of a capital strategy as you’ll find. #americasbitcoinminer $clsk @CleanSpark_Inc
Looks like @CleanSpark_Inc is reducing their float while others are continuing to dilute like crazy. Big thanks to @smatthewschultz & the CLSK crew for taking care of their shareholders. 📊 credit: @investanswers
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