Sep. 9 at 1:57 AM
$CLSKW Hashrate growth on an upward trajectory.
$CLSK has aggressively added exahash & continued fleet expansion which will amplify upside in
$BTC.X. Way I see it, if CLSK continues to hold BTC mined as price grows well harvesting strategic gains (duh), upside accelerates with BTC. The great unknown is Dilution/CapEx .. future equity raises for expansion could soften per-share gains, but HPC could drive us higher.
In a BTC super-cycle, warrants can trade at high implied volatility multiples, exaggerating returns.
My warrants are a long-dated leveraged bet. At
$150K BTC, a ~4× return looks reasonable; at
$200K BTC, closer to 9×+. If CLSK over-executes (bigger fleet, larger treasury), the warrants could trade even richer. The risk is that BTC stalls or CLSK issues heavy dilution, which would cap warrant upside… but that’s the cleanest picture I can give as to why I’m overweight
