#Cleanspark stock prediction for free#
#Cleanspark stock prediction code#

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#Cleanspark stock prediction for free#

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#Cleanspark stock prediction code#

The referral code gives us both $30 with Shakepay and $10 with BlockFi! First, you buy the cryptocurrency with Shakepay, then you transfer your crypto to BlockFi to get daily interest paid to you directly (6-9% annually!). 🔷 To buy & sell Bitcoin, I use Shakepay and BlockFi. ⚔️ Managed to get you all a 30% discount on a professional crypto course! Use code: 5orlessBTC 35% increase of shares outstanding (considering that they can sell their BTC to fund the purchases of new miners)Īccording to these assumptions, CleanSpark stock could be trading between $62.71 and $114.29 per share by the end of 2022. 40 P/E once meaningful profitability is achieved If I had to take my best guess, these are my assumptions for CLSK moving forward : That puts #CLSK at a forward P/E between 5.6 and 20.8. Assuming FY 2021 operating expenses and taxes expand by 30% ($78M * 130% = $101.4M), net profit for FY 2022 will be between $18.6-68.6M. Assuming it cost them $10k to mine each #Bitcoin (right now, it's $5-7k if I remember correctly), that means that #CleanSpark will bring in $120-170M in gross profit next year. That equates to a forward P/S between 1.82 and 2.58. Assuming BTC stays at $50k all year, I expect CleanSpark to bring in between $150-213M in mining revenue next year. Assuming that mining difficulties don't increase, CleanSpark should bring in $213.2M in annual revenues. However, this should be offset by the reception of $88M in mining equipment, which will increase mining capacity by 63% over the upcoming year. I expect mining difficulties to increase over the next year (unpredictable). With a $50k BTC (assuming BTC doesn't appreciate, flat analysis), that's worth $130.8M of expected revenue in 2022. Multiply that by 12 (flat analysis) and you get 2,616 BTC. Trust me when I say this, CleanSpark is not worth less than its book value. Their Total Assets equal $317M (while Total Liabs are only $11M). Here is why I think market is being overly fearful with CLSK and, flat out, wrong: 🚀 Join the VIP Membership Group (Discord) today! ► These are my personal projections based on my assumptions.įeel free to copy my excel sheet to your own and play around with the numbers. Will CLSK stock hit $100 per share in 2022? Today we model CleanSpark's Bitcoin mining operations 2022 revenue and profitability.