How High Can CLSK Stock REALLY Go?

The Bitcoin ETF is days away from being approved, so today I’ll be showing you how high I think CLSK stock can go if BTC reaches Cathie Wood’s $1.5M price target!

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0:00 – Intro
0:37 – BTC ETF Approval
1:53 – Why Buy BTC Mining Stocks
2:51 – HUGE CLSK NEWS!
4:45 – Bitcoin Halving
6:17 – CLSK’s Growth Spreadsheet
9:18 – Price Target
12:37 – Final Thoughts

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Today we’re going to find out how high clean spark stock could really go if the most bullish case scenario for Bitcoin ends up playing out the most bullish case scenario I believe is Kathy Wood’s $1.5 million price prediction for Bitcoin by the year 2030 now that might

Sound crazy and it might be crazy with Bitcoin only at $47,000 today which doing some quick maths would mean Bitcoin would have to more than 30X to go over $1.5 million per Bitcoin and in the process it would have to overtake the market cap of gold however I believe personally that this

Is actually possible and there’s a couple reasons why and both of these reasons are coming up very very soon the first of which is the approval of the Bitcoin ETF this should lead to a very large influx of capital into Bitcoin and clean spark stock as a result and one

Wall Street analyst even expects the price of Bitcoin to jump to over $100,000 immediately upon the Bitcoin ETF approval I think the demand will be greater than the the daily supply of Bitcoin and so the clearing price uh this is done by Sean frell who’s our crypto digital strategist is is over

150,000 it could even be like 180,000 and you also have Jim Kramer who’s calling the top for Bitcoin which that’s always good news what are we doing with these know let’s stop fooling around if you want Bitcoin buyit I think bitcoin’s topping out by the way so I’m going to

Say enough is enough also in April of this year we have what’s called a Bitcoin having event taking place where the daily new supply of Bitcoin gets cut in half so if demand skyrockets as a result of the Bitcoin ETF and new Supply gets cut in half as a result of the

Bitcoin having event we could see some fireworks and if the price of Bitcoin goes up it could get really exciting for Bitcoin mining stocks because in the past Bitcoin miners have been leveraged plays to bitcoin meaning if the price of Bitcoin goes up the mining stocks will

Go up even more than the price of Bitcoin this is all fine and dandy until you have a year like 2022 in 2022 Bitcoin miners were literally some of the worst stocks to own because Bitcoin was down so this is a good time for me to mention this video is not Financial

Advice please be cautious and understand the risks Bitcoin itself is already a very volatile asset and investment if you buy Bitcoin mining stocks you’re adding even more risk to this investment because Bitcoin miners have a balance sheet and an income statement Bitcoin does not but if you guys are new here or

Returning and not yet subscribed Please Subscribe down below and leave me a comment how high you think cleanspark stock will go but I’m going to show you my opinion now just yesterday cleanspark made a huge announcement that would put them into the number one spot out of every single Bitcoin mining company by

The the end of 2025 if everything goes according to plan cleanspark will be the largest public Bitcoin mining company out there they announced that they’re going to purchase 160,000 bitmain S21 Miners and they announced their path to 50 Ex aash per second right now the

Company is at 10 ex aash per second the first batch is expected to ship in the next quarter already and they also purchased a strategic call option which gives them the ability to purchase a 100,000 additional units at a fixed price of $16 per terahash the total cost

For the first batch was around $200 million which is crazy for me to think about because when I first started talking about cing Park on my channel their market cap was less than $200 million so they went from a very very small company to now a company that’s

Doing $200 million plus deals and if you want to know why my personal pick is clean spark you can look at caner Fitzgerald’s projected all-in cost per coin analysis for the first quarter of 2024 when they made this the price of Bitcoin was $28,000 obviously it’s climbed above that to

$47,000 but when this analysis was made you can see that cleanspark by far has the lowest all-in cost to mine out of any of these companies so with clean spark we have a combination now of a company with the best unit economics out of any of the miners already and a

Company that’s going to be the biggest out of any of these min ERS by the end of 2025 clean Sparks all-in cost according to caner Fitzgerald is shy of $145,000 which means with the price of Bitcoin at $47,000 their gross margin on mining is well above $30,000 and this isn’t even bigger deal

When we consider the having event that’s going to take place in April let me break this down for you on the screen now you should be able to see the total revenue opportunity for Bitcoin mining today daily the total revenue opportunity for any company that wants to mine Bitcoin the total pool of

Revenue is shy of $45 million annually that works out to just above $16 billion of total revenue that Bitcoin mining companies fight for however if I slide over you can see how the economics of mining changes significantly after the having event because the total amount of

Bitcoin available to be Min gets cut in half every day so instead of a nearly $45 million daily revenue opportunity if the price of Bitcoin stays the same at $47,000 the total revenue pool for all miners also gets cut in half to just about $23.5 million or $8.5 billion

Annually this is why the price of Bitcoin typically goes up significantly around the time of Bitcoin having events because Bitcoin mining has to be profitable in order for the Bitcoin Network to remain secure these having events take place every 4 years or so so there’s another one one’s going to take

Place in 2028 where again the total revenue opportunity gets cut in half if the price of Bitcoin stays the same even if you have the same amount of computing power you m half the amount of Bitcoin you were before which is why these unit economics are so important and I’ve

Factored this into my price Target spreadsheet where currently cleanspark owns about 3% of the total Bitcoin mining Network by the year 2030 because cleanspark is the most profitable Miner and because they have such aggressive growth plans I have them approaching 9% of the total Network however with everything in this spreadsheet it’s

Extremely difficult to predict numbers five six years in the future so these numbers are bound to be wrong these are just my personal best guess as of now as to what’s going to happen today cleanspark is mining about 800 Bitcoin per month and by the end of 20124 I

Expect it to remain unchanged because of the company’s aggressive growth that it has in front of it by 20 25 I have the company mining over 900 Bitcoin per month and by 2027 I have the company mining close to 1,00 bitcoin per month in 2024 I have the price of Bitcoin

Averaging about $100,000 which represents nearly a billion dollar of revenue for clean spark and in 2025 I have the price of Bitcoin going up to 150,000 and so on and so forth all the way until we get to 2030 when I have the price of Bitcoin reaching $1.5 million

And the company doing nearly 11 billion in annual revenue to put that into perspective right now the total market value of clean spark is just $2 billion and over time I expect the company to add to its hotal balance which means they’re going to add more and more

Bitcoin to their balance sheet that they are holding on to for the long term by 2030 I expect the company to have 57,000 Bitcoin on its balance sheet and at $1.5 million per Bitcoin that would be worth $85 billion but of course clean spark is still a

Company with an income statement and a balance sheet so I did my best to estimate what I think their total cost of revenues and operating expenditures will be every single year I expect the company’s cost to grow significantly this year in 2024 and next year in 2025

As a result of the company’s aggressive growth plans but over time I expect the growth in costs to diminish every single year specifically after 2028 which would be when the next having event takes place I expect the company’s costs to remain pretty flat year-over-year I don’t think the company is going to be

Growing its hash rate nearly as aggressively as it is today five and six years down the line and that goes for all the Bitcoin mining companies at a certain point this arms race will end and there will be winners and there will be losers every having event that takes

Place will present acquisition and merger opportunities but taking these costs into account again they’re going to be wrong I’m trying to project things things 5 6 years 7 years into the future it’s going to be wrong but as of now I have the company doing a gross income of

7.7 billion from here we can take the company’s total revenue figures their gross income figures and also their Bitcoin hotal balance to come up with a potential value for clean spark stock if you want access to this spreadsheet it is available to all of my paid monthly

Members if you want to join hit the join button down below located right next to the Subscribe button or hit my patreon link in the pinned comment we have the best community out there it’s the cheapest membership on YouTube and if you don’t like it you get a full refund

So it’s a risk reinvestment I would love to see all of you join but as you can see I’ve done both a price to sales analysis and a price to earnings analysis both taking into consideration the potential value of the company’s hotal balance and all of this being said

I think by 2030 cleanspark investors from here could see a 3,4 19% return by 2030 I think the fair value of the company could be 300 $177 but let me show you what can change this significantly and this is a risk with owning Bitcoin mining stocks it’s this fancy little figure here assumed

Recurring share delusion you see since this arms race that Bitcoin miners are going through is so Capital intensive they have to raise Capital somehow and the debt markets have not been an option because it’s extremely risky to lend money to the Bitcoin mining space as of

Now and you also have the fact that interest rates have been very very high through 2030 my assumed recurring share dilution is 30% meaning every single year there’s going to be a 30% increase to the total shares outstanding of these companies this might be low and it might

Be high depending on what the debt markets do how much debt Capital comes to bitcoin miners where interest rates are Etc however you have to remember as clean spark stock goes up the company has to dilute less and less to raise the amount of money they want to raise if

The company wanted to raise $10 million via dilution and the stock price was only a dollar per share they would have to issue 10 million new shares to the markets however if the share price is $10 per share to raise that same $10 million they would only have to dilute

An additional 1 million shares so over time I do expect this number to come down if I had to guess 30% is actually slightly high but just let me show you what could happen if I am wrong if the recurring share delution is actually 40%

% instead of 30% you can see how my price Target goes down significantly and I only expect to see 25 200% return which would not be good and I know that might sound crazy 25 200% return not being good what do you mean well we already discussed at the beginning of

This video from Bitcoin to go to $1.5 million it would have to more than 30X meaning if you bought Bitcoin and reach $1.5 million you would see at least 3,000% return on your investment today Day by the time it hits $1.5 million so if you owned Bitcoin Miners and you only

Saw 25 200% return you would have been better off just buying Bitcoin itself and avoiding the additional risks of owning these Bitcoin mining stocks however the other side of this gets very very fun let’s say that 30% is too high for recurring Shar delution it actually

Averages out to be 25% every single year well then right now I think we could see 5700 per return from here until 2030 and I think the fair value for the stock in 2030 would be over $600 and if this is the case you would beat the return of Bitcoin significantly

So as the years go by let this be a lesson that we need to pay attention to how much delusion is taking place every single year if this is a pattern where dilution does not slow down it might be best to sell our Bitcoin Miners and buy Bitcoin itself however if dilution does

Slow down significantly year by year which I think it will then Bitcoin mining stocks is the answer and I think clean spark stock could see tremendous return by 2030 if you guys think I should turn this into a video series where I do an analysis like this for

Every single Bitcoin mining company also let me know that down in the comment section and if you are new here at ring not and subscrib don’t forget to subscribe down below leave me a like it helps me out tremendously with that have a great rest of your day stay blessed

Keep t to the ground and your chin up peace out