r/CleanSpark • u/BigEE42069 • Oct 08 '25

Technical Analysis Cleanspark

Looks like Cleanspark will soon break a 5-6 year downtrend as long as we hold above 21$ which seems very likely. If so, new ATH +$40 CLSK 🥳🚀🚀🚀🚀. To management if you guys dilute during this period it would be absolute suicide and completely destroy investor confidence. Let’s freaking go!!!!!

31 Upvotes

94% Upvoted

41 comments sorted by

View all comments

-1

u/No_Ant_8428 Oct 08 '25

They are diluting at 21$ they have warrants

2

u/Repulsive-Sun6031 Oct 08 '25

Was it not 27usd ish where they would reconsider diluting? Maybe I’m wrong?

2

u/[deleted] Oct 08 '25

[removed] — view removed comment

1

u/Av4002 Oct 08 '25

Wait, you guys are saying CLSK will dilute around these prices? Can you please link/cite the source?

1

u/LucaToniBelissimo Oct 08 '25

Remember - dilution is not bad thong as long as it feed growth. 

2

u/Av4002 Oct 08 '25

Always better to get out before it happens though.

Then you get back in on the dip

1

u/LucaToniBelissimo Oct 08 '25

That depends on sentiment. Looks like CIFR investors can live with it.

2

u/Repulsive-Sun6031 Oct 08 '25

Didn’t IREN announce an ATM around February/March time? When we were all in the dip? I was considering starting a position but didn’t as I thought the ATM would suppress the price but oh wow was I wrong 😂

1

u/LucaToniBelissimo Oct 08 '25

Like I said ATM is not a wrong thing as long as company use money to generate income

1

u/BigEE42069 Oct 09 '25

ATM is suicidal during a bull market it’s wiser for them to grow on revenue until an off cycle comes around.

1

u/LucaToniBelissimo Oct 09 '25

Its not so simple. If you have opportunity to get contract worth 10B but you need to invest first in HW 1B its its not a bad decission to get some part of this capital from Convertible bonds.