
CLEANSPARK REALISTIC PRICE PREDICTION 2022 ๐
ุญู ุงุฏู ุงูุฒูู
Description
<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. </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 </p> <p><br></p> <p>๐ Join the VIP Membership Group (Discord) today! โบ https://elblancofinance.com/ ๐ฅ </p> <p><br></p> <p>Here is why I think market is being overly fearful with CLSK and, flat out, wrong: </p> <p>- At $8.30, their market cap is $344M. </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. </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. </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. </p> <p><br></p> <p>Analysis: </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. </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. - 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. </p> <p><br></p> <p>
Uploader
Episodes
CLEANSPARK REALISTIC PRICE PREDICTION 2022 ๐
ุญู ุงุฏู ุงูุฒูู