To The Moon

🔥🚀MORE ABOUT CLEANSPARK🔥🚀 $CleanSpark, Inc.(CLSK)$ operates as a sustainable bitcoin miner in America. Having a market cap of 3.90 billion USD, it owns and operates data centers that primarily run on renewable, low-carbon and distributed energy. Their data centers leverage a mix of clean energy sources like nuclear, hydroelectric, solar, and wind power to minimize their environmental footprint. This focus on eco-friendly mining is a major differentiator in the industry. CLSK also has Excellent Data Center Expertise; owning and operating data centers across the United States, giving them control over the infrastructure that powers their mining operations. This expertise allows them to optimize energy use and ensure efficient mining processes. With recent acquisitions and ongoing expansion plans, CLSK is rapidly growing its hashrate, a measure of their mining power. This positions them to be a major player in the Bitcoin mining landscape. Currently, CLSK's hashrate exceeded 20 EH/s, doubling since December 2023. In June, CLSK mined 445 bitcoin and increased their BTC holdings to 6,591. The Company sold 8.06 BTC in June 2024 at an avg price of approx $67,514 per BTC, a small sale compared to industrial miners like MARA who sold more than a 1000 BTC to finance operations and expansion plans. Since CLSK mines about 14.83 to 22.41 BTC daily, it is more than capable to cover it's small sale as and where necessary. On 27 June 2024, CLSK announces an agreement to acquire GRIID Infrastructure (operates bitcoin mining data centers) based on an enterprise value of $155 Million, having expansion plans of over 400 MW in Tennessee. Concurrent with the signing of the merger agreement, the companies also entered into an exclusive hosting agreement for all currently available power, of which 20 MW will be allocated to CleanSpark effective immediately. ❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚 🥳COMPANIES RAISING THEIR STAKES IN CLSK🥳 💛 ProShare Advisors LLC boosted its stake in shares of CleanSpark, Inc. by 39.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 34,654 shares of the company's stock after buying an additional 9,858 shares during the period. ProShare Advisors LLC's holdings in CleanSpark were worth $735,000 at the end of the most recent quarter. 💛 Vanguard Group Inc. increased its position in CleanSpark by 21.7% during the third quarter. Vanguard Group Inc. now owns 7,533,197 shares of the company's stock valued at $28,701,000 after acquiring an additional 1,345,135 shares during the last quarter. 💛 Swiss National Bank grew its holdings in CleanSpark by 21.3% during the 1st quarter. Swiss National Bank now owns 364,800 shares of the company's stock valued at $7,737,000 after purchasing an additional 64,000 shares during the last quarter. 💛 Dimensional Fund Advisors LP raised its position in CleanSpark by 62.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 8,433,586 shares of the company's stock worth $93,032,000 after purchasing an additional 3,235,171 shares during the period. 💛 Beacon Pointe Advisors LLC bought a new stake in CleanSpark in the fourth quarter worth about $331,000. 💛 Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of CleanSpark by 73.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 35,884 shares of the company's stock valued at $396,000 after buying an additional 15,162 shares during the period. 💛 Hedge funds and other institutional investors own 43.12% of the company's stock. ❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚 🔥🚀Analysts Set New Price Targets🔥🚀 In its previous earnings results on Thursday, May 9th, CLSK reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.07. The company had revenue of $111.80 million for the quarter, compared to analysts’ expectations of $111.11 million. Several equities research analysts have recently weighed in on the company. Chardan Capital reiterated a 'buy' rating and issued a $26.00 price target on shares of CleanSpark in a report on Monday, May 13th. Cantor Fitzgerald boosted their target price on shares of CleanSpark from $27.00 to $28.00 and gave the company an 'overweight' rating in a research note on Wednesday, July 3rd. Finally, HC Wainwright restated a 'buy' rating and issued a $27.00 price target on shares of CleanSpark in a report on Friday, June 28th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of 'Moderate Buy' and a consensus target price of $20.13. ❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚 🔥🚀 CONCLUSION🔥🚀 CleanSpark is at the forefront of a new generation of Bitcoin miners. Their dedication to sustainable practices and operational efficiency positions them for continued success in the ever-evolving world of cryptocurrency. Moreover, CLSK's acquisition of GRIID Infrastructure presents noteworthy benefits that are strategic and cost effective. GRIID's operational capacity and favorable power costs, combined with its community-first approach, align well with CLSK's operational ethos and strategic direction. The relatively low average cost of power and the majority of GRIID's energy coming from carbon-free sources provide an attractive proposition for future growth and sustainability. This strategic acquisition and the subsequent capacity expansion underscores a strong Buy rating IMHO, reflecting a positive outlook on CLSK's trajectory in the competitive bitcoin mining industry. What do you guys think? Will you add CLSK to your portfolio? Lemme know in the comments below! 🔥🚀 BITCOIN FTW! 🔥🚀 🔥🚀 CLEANSPARK using renewable and sustainable resources to mine BTC 🔥🚀 🔥🚀 The future of BTC will be bright, same goes for CLSK 🔥🚀 ❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚 @MillionaireTiger @Daily_Discussion @TigerStars @Tiger_comments @TigerGPT @Tiger_Earnings @TigerPicks ❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚💙🩵💜🩷❤️🧡💛💚