Oct. 16 at 3:39 AM
$CLSKW The merger agreement specifies 13,800,000 warrants to purchase 960,395 shares of CLSK stock at an exercise price of
$165.24 per share of common stock.
That means you need 14.37 warrants (13,800,000 / 960,395) to acquire one full share of
$CLSK. With Trump in power now, we all know where Bitcoin is likely heading over the next several years. In my opinion, a stock price of
$165 or higher is not out of the question.
So, given this fact, if we need 14.37 warrants at an exercise price of
$165.24, that means each warrant will have a future value of
$11.50 (164.24 / 14.37) when CLSK goes to
$165.24.