CLSK what a joke - great earnings too - glad I sold half of what I had - waiting for the $11.15 mark to dump the rest & pretend I never invested in this trash
CLSK Q1 2025 TLDR; 1) Revenue up by ALOT while reduce cost 2) More BTC in their HODL portfolio 3) Continue to invest in their business model.
*Future plan (2025+ and onward)* 1) Working their way to that juicy 50 EH/s 2) Figuring ways out to use their HODL balance to earn yields (VERY IMPORTANT IF THEY FIGURE THIS OUT). Profit from yields can prevent future dilutions OR give shareholders dividends. 3) No more dilutions until 30 strike price (convertible notes).
*CLSK's peers* IREN: Profit is ok. AI HPC is not proftiable. 1 billion stock dilution coming soon.
CLSK Earnings time! Profitability is back to all time high, time to sound the horn, rally the bulls & send this puppy up where it deserves. 40.1 EH/s, 16.15 J/TH, 10500+ HODL, no debt, liquidity in bank, clear pathway to fully funded 57 EH/s, 50+ EH/s in H1, always under-promising and over-delivering, new FASB accounting rules for crypto, BTC hovering around 100k, new favorable USA political climate & no dillution for CLSK for a while with the 650 million $ convertible notes offering they closed up not too long ago. Smells like February 2024 all over again. Lead the way Sparktan! To Valhalla we go!!! LFG!!!! Few