• Indirect expenses expected to be FLAT meaning depreciation AND compensation will be constant (aka MORE dollars to shareholders as exahash grows).

• Path to 50 EH/s fully funded with CLOSURE of ATM program (this means much less sell pressure).

• Expansion is the advantage. CLSK supports untapped energy assets in rural America. Flexibility to power off builds relationships with communities. Current strategy will be to expand outside of Georgia to reduce concentration risk from weather changes.

• All mining facilities and rigs are owned entirely by CLSK (increases margins over time). CLSK market share and revenue grow as competitors FOMO into HPC-AI.

• CFO Gary Vecchiarelli said they are open to the idea of returning capital to shareholders via additional share buybacks in the future (likely after expansion goals met).

• $2.8B assets while CLSK market cap is $2.9B. Margins increased per kWh and cost per BTC is down.

• With altcoins in the mud, the best beta play on BTC will likely be CLSK. When it goes up, it might go up quick. Not financial advice. DYOR.

CleanSpark: All BTC Mined in 'Merica