PLEASE UPVOTE SO DEADNSYDE WILL MAKE A VIDEO, THIS PLAY IS SIMILAR TO STPK AND HE LOVES STPK.

Long story short, Cleanspark is in the business of saving energy.
Saving energy = saving money.
Without using confusing jargon they develop microgrid technology (software and hardware) that save companies a ton of money.

What Industries are they in?
-Renewable Energy (Solar Panels, Wind Turbines, Micro Turbines, etc.)
-Energy Storage (aka Batteries)
-Electrical Grids (electric reaches your house flowing through a ‘grid’)

This makes them relevant in the electric vehicles, clean energy, marijuana, and microgrid spaces

EVEN MORESO!

Cleanspark mines bitcoin in order to ‘show off’ their technology’s abilities. They have the ability to mine 1 bitcoin a day (expected to reach 3-4 a day), it costs them roughly $6000 to mine a bitcoin. That is a daily profit of $42,000 a day from mining bitcoin. This is extremely conservative considering the coins they do not sell appreciate in value, and the current value of bitcoin is on the rise big time.

December 10th 2020 Cleanspark acquired ATL Data Mining Center’s mining facilities which is projected to enable them to mine 3-4 bitcoin a day. Just these bitcoin mining abilities alone immensely undervalue current stock price.

I will clarify, this is NOT a bitcoin mining play. Cleanspark mines Bitcoin because they have the hardware and software to efficiently do so. They simply mine it to ‘show off’ their tech’s abilities. They do not do so as their main source of income!

What Caused Recent Drop?
Recently down from highs due to a short report by Culper Research.

Culper Research Shorted:
$KIDS Dec 2nd at 41.02, 52 now.
$BLNK Aug 19th 2020 at 9.45, 47 now.
$VBIV June 2nd 2020 at 2.15, 3 now.
$KATS May 6th 2020 at 107.67, 203 now.
$CYDY Feb 6th 2020 at 1.31, 5.8 now.
$ATRC September 2019 at 25.00, 65 now.
$HROW August 2019 @1.50, 9.3 now.
$PUMP Oct 31st 2019 @17.00, 9.9 now.

Culper Research has a terrible short history, they got 7/8 of these shorts WRONG. I view this short report as a ‘token of success.’ This report was clearly established only to spark fear and cause the price to drop, in order for law firms and Culper Research to profit off their short positions. These law firms are closing lawsuits for anyone who lost money over certain windows of time, however these windows of time are not even windows of loss. This whole short report is a joke, I will link to it here. Feel free to watch some youtube videos explaining how their claims are extremely illegitimate and farfetched. If these claims were true, there would be no Cleanspark today.

Link to Illegitimate Short Report: https://img1.wsimg.com/blobby/go/cc91fda7-4669-4d1b-81ce-a0b8d77f25ab/downloads/Culper_CLSK_1-14-2021.pdf?ver=1610651712048

Recent Earnings:
“Cash and cash equivalents totaled $25.6 million as of December 31, 2020, as compared to $3.1 million on September 30, 2020, an increase of $22.5 million. We had working capital of $28.7 million as of December 31, 2020 compared to $2.9 million as of September 30, 2020. An increase of $25.8 million."

Their cash equivalents increased by 8 times since last quarter.

Catalysts:
-the value of bitcoin is shooting up tremendously
-short report and law firm news will expire and disappear soon, reducing public fear
-Analyst Amit Dayal stock analyst rated stock a buy at $50 dollars today
-February 3, 2021 “company today announced that it has received a new purchase order from a Houston, Texas-based microgrid developer (who knows what company?). The Company's switchgear units will be deployed alongside energy generation assets to provide resilient power and cost savings. The end-use customer (3rd party) is the world's largest retail chain, operating more than 11,500 locations worldwide. Clean Spark's ATS paired with other microgrid assets will help keep stores (who knows how many?) operational during utility outages.”
(Deadnsyde highlights power outages in most recent video abut a 25x stock (STPK))

Some Reads On Cleanspark:
https://octopusmoneymultipliers.com/2020/08/12/cleanspark-stock-clsk-walmart-tesla-buy-or-sell/

https://www.globenewswire.com/news-release/2021/01/05/2153590/0/en/CleanSpark-Provides-Bitcoin-Mining-Operation-Update.html

Video: https://youtu.be/vM8XdvqYyh8

UPDATE
Read This Redditor Post Summarizing Recent Company Talk:

https://www.reddit.com/r/CleanSpark/comments/ln09uy/recap_water_tower_interview_with_ceo_zach/?utm_source=share&utm_medium=ios_app&utm_name=iossmf