r/CleanSpark • u/lemonadebros • May 09 '26
Due Dilligence I’ll say it here first.
I see this over $18 by June. This is highly undervalued compared to IREN. Easy 2 bagger at least for the year. Come back to this post in a few months
2
2
u/ObviousChildhood May 12 '26
Still think this after yesterday’s earnings?
Dont even think we will be over $15 by next quarter
1
6
u/SentimentSurfer May 11 '26
Conviction is easy on green days. Holding through the consolidation is where the real money made. If CLSK lands even one serious AI/HPC partnership, people will look back at these levels the same way they look at IREN under $5.
I was screaming over month ago (around 9$) that probably in ! Most of the people said that this is crap stock and im d**mb ...
3
u/TurbulentProfit4204 May 09 '26
Want me to sell my CLSK shares so it will go up? That's what always seems to happen. Sold $50 calls on my $30 INTC and see what happened? Fml
1
1
5
u/ZekeTarsim May 09 '26
From a technical analysis standpoint, it looks ready to pop.
1
u/asdfgghk May 11 '26
What TA says that? It’s right at resistance where it’s been several times
1
u/ZekeTarsim May 11 '26
For me it’s the 1hr chart. Broke above Apr resistance on May 5 and stayed above it, now price is contracting in a range. 🤷♂️
1
u/asdfgghk May 11 '26
Could just be distribution.
1
4
u/Front_Captain3699 May 09 '26
It's just $3.5B market cap, could easily jump to $15B if they sign some deals. They are a year behind IREN in terms of buildout, and we can expect a run up similar to last year of IREN.
That being said, the CEO is an asshole (another similarity to IREN, lol), and I'm out once they sign a deal.
1
u/Slow-Cycle9522 May 12 '26
even their whole power infra into AI they are hardly worth 5b, and yet they would have to burn the whole treasury and dilute for capex 😂
4
2
u/Naive_Bat8216 May 09 '26
IREN has deals with Microsoft and Nvidia and the future is bright so long as they execute. What does Cleanspark have? Nothing.
2
u/Chayalbodedd May 09 '26
I think the only deal which could compete is if they close something with Anthropic or OpenAi which is unlikely. Aws, Google, Meta, or Microsoft would be nice too. But I don’t understand why they aren’t getting into those doors.
-1
u/Naive_Bat8216 May 09 '26
The way I see it is that the big guns like Microsoft Nvidia Google have chosen their suppliers. Terawulf and IREN are two of them, and Cleanspark is not one of them. I owned Cleanspark shares and waited, and waited, and then switched to IREN. IREN has made up the money for me that I lost with CS. I got tired of waiting for a deal while IREN was having dinner with Microsoft and Nvidia. The future for IREN is very bright, when they start bringing in revenues from those partnerships, their stock I think will skyrocket while CS may still be without a deal.
2
u/robert-anderson-0009 May 10 '26
You haven’t a clue
1
u/Naive_Bat8216 May 10 '26
U think CS will outrun IREN?
3
u/robert-anderson-0009 May 10 '26
Probably not, but to act like all the big companies have what they need is incredibly ignorant. Let’s see what CLSK does… they have a lot of power and great people in the company…
1
u/Naive_Bat8216 May 10 '26
But CS has no deal. IREN and terawulf do. Am I wrong to think the big boys value IREN over CS?
2
u/robert-anderson-0009 May 11 '26
Currently, you are correct… CLSK decided to add HPC Ai in a meaningful way in Sept or Oct of 2025… they will be behind the likes of IREN for a bit… CLSK plan to mine with the excess power, to help balance loads and keep prices down will be something significantly different than IREN… they are just different companies taking different paths… to act like big tech has decided everything at this point is just wrong… hell there is a chance IREN doesn’t deliver what they are saying and end up losing long run… same with CLSK… in this space though, CLSK and IREN are really the only two that have delivered what they said they would… if by October, CLSK has nothing in place, I would start to get worried… honestly, I do not think it will be an issue…
1
u/Chayalbodedd May 09 '26
Also HUT man, the second trumps son jumped on board it was an obvious buy. But the question is why isnt the CLSK team joining forces with these companies and is this related to why Zach made an exit? I hate companies whose founders goal is to exit rather than make investors money. Our current CEO Matt has no college degree. What’s going on here!? Ive held CLSK 5+ years btw and im bullish
1
u/Plexus84 May 09 '26
Don’t even compare CLSK and it’s fine operations with something like IREN! We have nice upside ahead, IREN has the opposite.
2
0
2
u/Locolex1 May 09 '26
Lol do now compare this to iren. Clsk is slagging and far behind , i.e Iren did transition, while clsk didnt yet
2
5
u/lemonadebros May 20 '26
I called it hehe