Earnings are coming out in 5 days... What to think of it? Is CLSK the best bitcoin miner stock? Today we dig deep into CleanSpark's Q3 earnings, their recent bitcoin mining data transparency initiative for the months of October and November. By the end of this visual & cultural experience, you might get a better idea of why I think that this is one of the best stocks to buy in Dec 2021... By the end, you might even feel a bit of je ne sais quoi if you know what I mean.   

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CleanSpark just announced that it will release data updates every month to set new standards of transparency in the bitcoin mining industry. This move once again solidifies my conviction in CleanSpark  Their daily production of bitcoin is currently at 7.3 bitcoin per day compared to 6.7 back last summer. This represents more than 3 times the average during Q3, and represents a 133M annualized revenue run rate with a 50k bitcoin versus the 122M run rate we had last summer. With their current market cap is $477M, we get a forward price to sales of 3.5, for a high growth company growing more than 100% yoy.   I’m in it for years and I believe that a $100 CLSK stock is very realistic. Of course, this comes with a lot of risk. But the upside from here could be 20X+ for my calls, if my thesis plays out. However, this is only my take on the situation and I could be wrong. This is not financial advice by any means. Your investment decisions are your choice 🔥  

#CLSK #CleanSpark  

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