CLEANSPARK REALISTIC PRICE PREDICTION 2022 ๐Ÿš€
CLEANSPARK REALISTIC PRICE PREDICTION 2022 ๐Ÿš€

CLEANSPARK REALISTIC PRICE PREDICTION 2022 ๐Ÿš€

ุญู…ุงุฏูŠ ุงู„ุฒูˆูŠ

17 min
Business & Finance
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<p>Will CLSK stock hit $100 per share in 2022? Today we model CleanSpark's Bitcoin mining operations 2022 revenue and profitability. These are my personal projections based on my assumptions. &nbsp;&nbsp;</p> <p><br></p> <p>Feel free to copy my excel sheet to your own and play around with the numbers. https://docs.google.com/spreadsheets/d/19BqqinRb1-4E0eBTqYdzSvyhM994qgH5e-pikAzvghk/edit?usp=sharing&nbsp;</p> <p><br></p> <p>๐Ÿš€ Join the VIP Membership Group (Discord) today! โ–บ https://elblancofinance.com/ ๐Ÿ”ฅ&nbsp;</p> <p><br></p> <p>Here is why I think market is being overly fearful with CLSK and, flat out, wrong: &nbsp;</p> <p>- At $8.30, their market cap is $344M. &nbsp;</p> <p>- Their Total Assets equal $317M (while Total Liabs are only $11M). Trust me when I say this, CleanSpark is not worth less than its book value. &nbsp;</p> <p>- November production was 218 BTC. Multiply that by 12 (flat analysis) and you get 2,616 BTC. With a $50k BTC (assuming BTC doesn't appreciate, flat analysis), that's worth $130.8M of expected revenue in 2022. &nbsp;</p> <p>- I expect mining difficulties to increase over the next year (unpredictable). However, this should be offset by the reception of $88M in mining equipment, which will increase mining capacity by 63% over the upcoming year. Assuming that mining difficulties don't increase, CleanSpark should bring in $213.2M in annual revenues. &nbsp;&nbsp;</p> <p><br></p> <p>Analysis: &nbsp;</p> <p>- Assuming BTC stays at $50k all year, I expect CleanSpark to bring in between $150-213M in mining revenue next year. That equates to a forward P/S between 1.82 and 2.58. &nbsp;</p> <p>- Assuming it cost them $10k to mine each #Bitcoin (right now, it's $5-7k if I remember correctly), that means that #CleanSpark will bring in $120-170M in gross profit next year. &nbsp;- Assuming FY 2021 operating expenses and taxes expand by 30% ($78M * 130% = $101.4M), net profit for FY 2022 will be between $18.6-68.6M. That puts #CLSK at a forward P/E between 5.6 and 20.8. &nbsp;&nbsp;</p> <p><br></p> <p>

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CLEANSPARK REALISTIC PRICE PREDICTION 2022 ๐Ÿš€ - Listen Free | WowFM