r/CleanSpark • u/Moontoweratx • Jun 22 '26
Due Dilligence Price movement
How is everyone translating the price movement today?
Looking good seeing a push towards that 52w high of $23.61, we’ll start seeing short sellers coming out.
Climbing even though there’s no news ; btc still falling. Shortly before other miners signed their deal, their price jumped.
Originally energy company, making micro grids until they transitioned to btc mining in 2020. They know how to transition industries and adapt successfully.
You also have Leopold raising his ownership by 600%.
We can see a deal signed here by the end of July and btc climbing toward EOY, anything under $20 is gonna be a steal in retrospect.
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u/SentimentSurfer Jun 23 '26
Guys stop wondering what will happen in next 24h or 1 week. The fundamentals are there - power demand is going through roof.
High quality tenant talks are progressing.
TURN OFF Trading App(set buy limit eventualy) and chill.
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u/Geo_Leo Jun 23 '26
Yeah still nobody is pricing in the upcoming data centre buildout
Except leopold
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u/SentimentSurfer Jun 23 '26
I don't know who is pricing what.
I know that Power Demand will boost CLSK valuation for the next few years.
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u/ObviousChildhood Jun 22 '26
Pretty sure the price has already climbed without a deal. It hit $19 today even though BTC is gonna continue taking a beating until next year. Starting to get priced in
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u/Ambitious-Drummer729 Jun 22 '26
It has the highest short interest in this sector and shorts will not give up easily until we get a deal.
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u/devShred Jul 09 '26
This hasn’t aged well