if you’ve been in $CLSK long enough, $1B at 0% interest is such a luxury… also the $400m buyback + the premium on the notes means as long as @smatthewschultz and the team execute, this should be some of the most accretive dilution yet. $500m in dilution could easily add $3B in EV.
$CLSK
Another view/angle on this news 🗞️
At a cost of ~$10M/MW, @CleanSpark_Inc just secured funding for 80MW of HPC at a 0% interest rate 😎
The ROI would be less than the 7 year maturity assuming customer and equipment is secured in 2026. 💪💰
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$CIFR & $IREN deals side by side highlight the difference in business models. $IREN hosting is getting 10x more $/mw..
@FinancialErnie @mikealfred @McnallieM
Has there been any hints on if $CLSK plans to host or lease @smatthewschultz ?
$CLSK
@FinancialErnie @theBTCMiningGuy
Connecting the dots…
1. Management starts building relationships with new U.S. admin including crypto and AI czar @DavidSacks
Absolutely staggering just how far the world of digital assets has grown. One prior election cycle ago, congress was debating a “war on crypto”. Fast forward to this year, @ZachKBradford and myself, along with a few select members of the #Bitcoin mining sector get a meaningful meeting with @realDonaldTrump to debate, discuss and plan policy support for our industry. This all happened through the tireless efforts of @_amanda_fab and @DavidFBailey and @TracyHoyosLopez .
Fast forward more to last night. We were invited to attend the first annual #CryptoBall and have actual one on one conversations with @SpeakerJohnson @SenLummis @howardlutnick @DonaldJTrumpJr @DavidSacks and many more.
We had meaningful discussions about the roles our executives have played, and will continue to develop with @saylor and @fgthiel, @theRealSalKhan and other thought leaders in our industry.
Above all. I’m humbled and grateful to have the experience to work in an incredible industry with some amazing people.
We are so early.
4. @smatthewschultz poaches talent from @humain
Shares of CleanSpark surged after the Bitcoin miner announced that it was expanding into date-center infrastructure and the hiring of Jeffrey Thomas from Saudi Arabian AI firm Humain bloomberg.com/news/articles/…
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5. $CLSK partners with @submertech who is also directly in the UAE investment mix
submer.com/blog/press/streng…
$CLSK
#Bitcoin #HPC Hybrid Build-Out
1. Assess & Prep (Q4 2025, 1 Mo.)
- Prioritize 5 GA/TN/WY sites for fastest HPC conversion.
- Lock-in team, power, and land.
2. Convert & Relocate (Q1 2026)
- HPC Retrofit: Upgrade prioritized sites for HPC.
- Miner Move: Shift % of miners from converted sites to greenfields (new state) and aim for 100% MW utilization during build out.
- Balance: leave % of miners on site for flex/redundancy (peak shave, grid sales).
3. Build & Cascade (Q2-Q4 2026)
- Build 500 MW+ giga-campuses; use modular mining operations to leverage MW during HPC infrastructure build. (Use HODL as leverage + credit lines to minimize dilution)
- Power Shift: Reallocate MW as AI contracts land and phases are built out.
- Migrate excess miners to next sites (maximize cost recovery).
- Loop: rinse and repeat with AI/mining revenue repaying debt to hit 2+ GW.
Optimization (speed + minimal dilution):
- Reduce timelines w/ modular approach;
- Mining and maximizing MW hedges risks.
- GPU Strategy: Colocate GPUs (% rev share/low capex); own limited for edge AI/mining.
@smatthewschultz how close am I?
@theBTCMiningGuy @McnallieM @Rex_Finance
SHAYDAN retweeted
Iteration is critical to innovation. Our goal is to get it right, not to be right. We make big bets and that means taking chances to get to the right spot. These are right.
Thank you, Jazz, for the best uniform lineup we've had in a long long time. 💜
@RyanQualtrics @utahjazz
$CLSK 's OG in data center in College Park, GA, next to ATL airport, was a mission-critical hub for the world’s busiest airport. Its 50MW—redundant power, security, metro proximity—is ideal for HPC/AI. Recent deals suggest ~$100M/yr in rev vs. ~$55M/yr from mining rev. With 1GW in play, prime sites like this scream pivot and create path to $1B+ ARR.
@FinancialErnie @theBTCMiningGuy @smatthewschultz @Rex_Finance
As a $CLSK investor since 2018, I’ve seen @smatthewschultz steer the company from microgrid software to Bitcoin mining, now eyeing AI/HPC hosting. Their energy optimization roots could drive top margins in AI & BTC. Even late to AI, with 808 MW running & 1.03 GW contracted, Here is my optimistic outlook on the future and story of $CLSK
Pre-2020: CLSK built microgrid software for load shifting, resiliency, & cost savings. By 2016, their middleware optimized distributed energy for military/renewables. Promising but niche, they needed a high-energy use case to reach the masses.
Pivot to BTC Mining (2020+): Acquired ATL Data Centers pre-2020 bull run to prove their tech. The timing ended up perfect and fueled a full pivot and rapid scaling to 800+ MW & 50 EH/s in 5 years. Owning all facilities for max control and also gaining talent like @harry_sudock and @taylorbmonnig
2026 & Beyond: CLSK’s next phase is a blended AI/HPC & mining model. Though late to AI, their owned infrastructure and ~1 GW in power purchase agreements beats many. AI needs high uptime (CLSK’s strength) but pays significantly more $/MW vs. mining, which can act as a flexible “shock absorber.” Some sites and locations are suited for pure BTC mining. Some could have majority AI with a small % dedicated to mining and where their roots matter.
Microgrid Edge: CLSK’s OG roots was built on dynamically allocating power and maxing ROI on MW. Mining uses excess energy, curtailing for AI or grid needs. This hybrid setup optimizes resiliency for AI load and surrounding communities.
Funding & HODL: Mining cash funds AI conversions and buildouts. Lease GPUs like $IREN or partner with someone like an Oracle (who leases capacity). Balanced HODL strategy. Sell selectively for growth, continue to build HODL (12,827 BTC) on occasion for BTC upside.
If this was a true 50/50 hybrid by the next halving and say 1 GW AI and 1 GW Mining: At 1 GW AI ($0.50/kWh, per industry) = ~$4.4B revenue/year. 1 GW mining (~66 EH/s, ~$0.15/kWh) = ~$1.3B. Total ~$5.7B revenue. At 4x sales (vs. IREN/Core), implies ~$22.8B valuation.
@theBTCMiningGuy @McnallieM @Rex_Finance
As a $CLSK investor since 2018, I’ve seen @smatthewschultz steer the company from microgrid software to Bitcoin mining, now eyeing AI/HPC hosting. Their energy optimization roots could drive top margins in AI & BTC. Even late to AI, with 808 MW running & 1.03 GW contracted, Here is my optimistic outlook on the future and story of $CLSK
Pre-2020: CLSK built microgrid software for load shifting, resiliency, & cost savings. By 2016, their middleware optimized distributed energy for military/renewables. Promising but niche, they needed a high-energy use case to reach the masses.
Pivot to BTC Mining (2020+): Acquired ATL Data Centers pre-2020 bull run to prove their tech. The timing ended up perfect and fueled a full pivot and rapid scaling to 800+ MW & 50 EH/s in 5 years. Owning all facilities for max control and also gaining talent like @harry_sudock and @taylorbmonnig
2026 & Beyond: CLSK’s next phase is a blended AI/HPC & mining model. Though late to AI, their owned infrastructure and ~1 GW in power purchase agreements beats many. AI needs high uptime (CLSK’s strength) but pays significantly more $/MW vs. mining, which can act as a flexible “shock absorber.” Some sites and locations are suited for pure BTC mining. Some could have majority AI with a small % dedicated to mining and where their roots matter.
Microgrid Edge: CLSK’s OG roots was built on dynamically allocating power and maxing ROI on MW. Mining uses excess energy, curtailing for AI or grid needs. This hybrid setup optimizes resiliency for AI load and surrounding communities.
Funding & HODL: Mining cash funds AI conversions and buildouts. Lease GPUs like $IREN or partner with someone like an Oracle (who leases capacity). Balanced HODL strategy. Sell selectively for growth, continue to build HODL (12,827 BTC) on occasion for BTC upside.
If this was a true 50/50 hybrid by the next halving and say 1 GW AI and 1 GW Mining: At 1 GW AI ($0.50/kWh, per industry) = ~$4.4B revenue/year. 1 GW mining (~66 EH/s, ~$0.15/kWh) = ~$1.3B. Total ~$5.7B revenue. At 4x sales (vs. IREN/Core), implies ~$22.8B valuation.
@theBTCMiningGuy @McnallieM @Rex_Finance
What’s this mean for Lauri’s value? @Tjonesonthenba
BREAKING: The Memphis Grizzlies are trading Desmond Bane to the Orlando Magic for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap, sources tell ESPN.
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SHAYDAN retweeted
Jalen Hood-Schifino was one of my favorite players of this draft cycle. Great pick for the Lakers
SHAYDAN retweeted
FOR THE PEOPLE @aqshipley 🎯
30 $500 WINNERS 💰💰
🔘Repost this video
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🔘Put the easiest way to pay you as well
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