$CleanSpark, Inc.(CLSK)$ With the new S21pro miners CLSK trade at a fwd PE of 6! Dirt cheap. If btc price doubles from here you can Do the math by your own... CLSK is at the edge of a new technology growing very fast and should be valued much higher.
Lets assume btc goes ONLY to 150k. CSLK will have 8000 btc (hodling) bought for an avarage price of 32k. Earnings would be 944,000,000. With a PE of 20 I get to Market cap of app. 19B or a stockprice of >70$
But what if this cycle pushes btc much higher?
Considering the assumptions above, if the price of Bitcoin reaches $150,000, CleanSpark (CLSK)'s profitability and market valuation will significantly increase. Theoretically, its stock price could exceed $70. An even higher Bitcoin price would lead to an even greater market valuation.
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- MyrnaNorth·05-23With BTC reaching $150,000, CLSK's market valuation and stock price could soar!LikeReport