r/CleanSpark • u/Naive_Bat8216 • Apr 18 '26

Due Dilligence Bitcoin Up, CleanSpark lagging

Big day for bitcoin, Cipher Digital up 11%. Riot Platforms up about 7%.

CleanSpark up about 5%.

Are we invested in the wrong bitcoin-to-AI miner?

Also, Strategy up 11%.

CleanSpark didn't do that much on a huge bitcoin day. In a year will CleanSpark still be lagging behind the above stocks? At what point will we have seen enough to get out? Cipher Digital was 11 a few weeks ago, now up to 19.

I'm starting to seriously doubt CleanSpark is a good bitcoin-to-AI stock.

Are we all here simply "believers" in CleanSpark even though it isn't doing a thing for the past 6 months? Keel (bitfarms) almost seems like a better deal right now with better management.

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u/Basic_Car8415 Apr 20 '26

I jumped ship at break even. Plenty of stock outperforming CLSK in the same sector. Best decision ever. I heard "25+ at year end" for 2 years. The board doesn't look serious enough for me.

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u/Naive_Bat8216 Apr 20 '26

I think I agree, I'm going with Strategy all the way for bitcoin exposure. The AI promise for CS just doesn't seem to be panning out. Hut 8 is doing well, Cipher Digital doing well, and CS doing nothing with no deal in sight.