D.R. Lewis ⚡ @Charge_Stack Twitter profile

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D.R. Lewis ⚡

2 days

Going LIVE with @Core_Scientific $CORZ CDO Russell Cann on FRIDAY, 8/16 - 12:00EST Tune in for a structured Q&A from @Adrian_R_Morris and myself as we discuss all things Core Scientific! Set a reminder here:

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D.R. Lewis ⚡

@Charge_Stack

15 days

@ScottiePippen #bitcoin only Scottie!

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D.R. Lewis ⚡

@Charge_Stack

5 months

Very rough price 🎯 targets for the 6 #bitcoin #btc miners I hold positions in: $CLSK: 🐻$44, 🟰$92, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA: 🐻$110, 🟰$195, 🐂$285 $IREN: 🐻$27, 🟰$48, 🐂$69 $CIFR: 🐻$21, 🟰$36, 🐂$53 $WULF: 🐻$10, 🟰$18, 🐂$26 Targets are based on forward

D.R. Lewis ⚡

@Charge_Stack

5 months

Finishing my DD updates for the 6 #Bitcoin mining positions in my portfolio with my #1 position, $CLSK @CleanSpark_Inc - (Price🎯at bottom) Why CLSK? Execution, efficiency, effective leadership, clear communication, stable energy contracts, and vertical integration - $CLSK

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D.R. Lewis ⚡

@Charge_Stack

6 months

Updated allocation of #Bitcoin miner stocks as of 2/9 with updated bear, base, and bull targets🎯 post January updates $CLSK 🐻$41,🟰$80,🐂$126 $MARA 🐻$60,🟰$132,🐂$210 $BITF 🐻$15,🟰$40,🐂$65 $IREN 🐻$35,🟰$60,🐂$112 $MSTR 🐻$690,🟰$855,🐂$1140 $CIFR 🐻$24 🟰$38,🐂$91 $WULF

D.R. Lewis ⚡

@Charge_Stack

6 months

Updated allocation of #bitcoin #btc miner stocks as of 2/2 (no sells, just buys) and my bear, base, and bull targets 🎯. Bear assumes #Bitcoin 📷 rises to between $100k-125K. In the Bull case we see $250K. $CLSK 🐻$28, 🟰$67, 🐂$136 $MARA 🐻 $50, 🟰$152,🐂$270 $BITF 🐻$16,

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D.R. Lewis ⚡

@Charge_Stack

5 months

Decided to break down each of my 7 #Bitcoin     #btc     mining positions, one a day, smallest to largest. Today: #1 - $CLSK @CleanSpark_Inc - What's attractive about this position? Execution, efficiency, (~99% miner uptime), effective leadership, clear communication,

D.R. Lewis ⚡

@Charge_Stack

6 months

Since many ask my exposure, I allocate ~20% of my portfolio to high R/R cycle plays, and right now that entire 20% is in the following #bitcoin related stocks. %'s based on closing price 2/16: $CLSK 32.9% $BITF 20.7% $MARA 17.9% ---- $RIOT 7.5% $MSTR 7.4% $IREN 6.0% $WULF 4.3%

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D.R. Lewis ⚡

@Charge_Stack

17 days

@Dennis_Porter_ At this point it's actually expected. Pro-bitcoin platform from the RNC, Trump meeting with mining execs at Mar-A-Lago, VP nom Vance a #btc hodler, Trump speaking at #bitcoin Nashville... Time to add a strategic reserve and augment our treasury 🇺🇸

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D.R. Lewis ⚡

@Charge_Stack

11 days

Ontario Security Commission RULES IN FAVOR of $RIOT's application and that the "Shareholders Protection Plan" adopted by $BITF to limit ownership at 15% by issuing securities- AKA a "poison pill" - is w/o merit. RIOT may continue to buy shares of BITF up to 20% w/o dilution and

D.R. Lewis ⚡

@Charge_Stack

12 days

$RIOT $BITF hearing re: shareholders plan wrapping up today - eager to hear the result. Anytime a major miner gets the legal OK to purchase 5% more of another major miner, it affects the valuation of both. Still much more to play out headed into the special meeting.

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D.R. Lewis ⚡

@Charge_Stack

1 month

Just bought $DELL Clear with Michael Dell talking to Saylor on his timeline, reposting Saylors replies re: #BTC     and scarcity, and sharing bitcoin info - $DELL is adopting a treasury strategy. That worked out well for $MSTR $SMLR $DEFTF share price.

D.R. Lewis ⚡

@Charge_Stack

1 month

#bitcoin treasury adoption likely continues w/Dell. Bullish.

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D.R. Lewis ⚡

@Charge_Stack

6 months

$CLSK was able to utilize new FASB accounting practices to show fair market value of their #Bitcoin hodl. This is a GAME CHANGER for #btc miners to have their balance sheet reflect full asset value. Resultingly, CLSK was net profitable w/35% margins. $MARA next report - using

D.R. Lewis ⚡

@Charge_Stack

6 months

Love my first glance at the numbers from $CLSK @CleanSpark FY2024's First Quarter: ✔️Revenue of $73.8 million ✔️Net income of $25.9 million ✔️Adjusted EBITDA of $69.1 million Beating all consensus estimates across the board, including revenue, EPS, and profitability. EH/s up

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@Charge_Stack

2 months

Speculation $CLSK will be making a significant acquisition of GRIID - ticker $GRDI - with 4 mining facilities in Watertown, NY, and Limestone, Maynardville and Lenoir City, TN. GRIID has 68 MWe of available capacity today and a growing energy pipeline of 436 MWe by the end of

Mike Alfred

@mikealfred

2 months

This is unconfirmed and a product of numerous discussions and inferences I’ve made in recent days. But it seems highly likely that Cleanspark will acquire publicly traded Griiid as part of its push to obtain more than 1 gigawatt of secured power. So bullish. Space is 🔥🔥 rn. 🐂

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D.R. Lewis ⚡

@Charge_Stack

4 months

With my DD thread on #bitcoin     miners below 👇, reposting my "sure to be wrong price estimates" from March 18. No change in thesis. $CLSK: 🐻$68, 🟰$120, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA: 🐻$110, 🟰$160, 🐂$205 $IREN: 🐻$27, 🟰$48, 🐂$69 $CIFR: 🐻$21, 🟰$36, 🐂$53

D.R. Lewis ⚡

@Charge_Stack

4 months

Done my #bitcoin mining DD & placed my bets. Posts below for companies I have researched: $CLSK $BITF $MARA $CIFR $WULF $IREN $BTBT $RIOT $HIVE My main takeaway for this cycle: I see #bitcoin doing a 2-3x from here, and quality #btc miners doing a multiple of the underlying. I

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D.R. Lewis ⚡

@Charge_Stack

19 days

The crazy thing for those of us who are in the #bitcoin     mining bubble here on X is that we really still don't appreciate how early we are compared to the general public. While we have been analyzing this stock/sector for months/years, and diversifying portfolios full of

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D.R. Lewis ⚡

@Charge_Stack

4 months

Who else has a portfolio full of #bitcoin     miners! 😁

Mike Alfred

@mikealfred

4 months

My fellow intrepid travelers, we have entered a brave new epoch

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D.R. Lewis ⚡

@Charge_Stack

5 months

Finishing my DD updates for the 6 #Bitcoin mining positions in my portfolio with my #1 position, $CLSK @CleanSpark_Inc - (Price🎯at bottom) Why CLSK? Execution, efficiency, effective leadership, clear communication, stable energy contracts, and vertical integration - $CLSK

D.R. Lewis ⚡

@Charge_Stack

5 months

Current #Bitcoin     #btc     stock portfolio: $CLSK 35.88% $MSTR 15.17% $MARA 14.62% $BITF 14.43% $IREN 10.28% $CIFR 5.99% $WULF 3.63% I am going to update DD threads and investment thesis for each miners I hold over the next week - things change quickly w/EOY & Q1

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D.R. Lewis ⚡

@Charge_Stack

1 month

I absolutely love the small but growing niche community of #bitcoin     miner investors and industry insiders here on X. These will be the "good old days" when industry leaders & whole coiners talked, shared memes and ideas, and shitposted. Epic. ~6 months ago (12/26) - day

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D.R. Lewis ⚡

@Charge_Stack

4 months

Goodnight. Sick of patiently defending opinions re: massive future growth in MCAP and pps for #bitcoin miners. My main takeaway: I see bitcoin   doing a 2-3x from here, and miners doing a multiple of the underlying. That said, I feel I am looking at 6-9x plays in the next

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D.R. Lewis ⚡

@Charge_Stack

1 month

Sometimes it helps to zoom out & lower the time preference a little. In the 3 weeks of June, returns for most #bitcoin miners have been excellent. June dips often lead to July rips, and I expect a great July for growth stocks. GL all!

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D.R. Lewis ⚡

@Charge_Stack

30 days

@Adrian_R_Morris and myself are going LIVE with @HIVEDigitalTech HIVE CEO @AydinKilicHIVE on Wednesday, July 10. 12 EST. Join us for a live Q&A 👇 Link:

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D.R. Lewis ⚡

@Charge_Stack

4 months

There are a LOT of negative, toxic, emotional people out there with a trading account and an opinion about $CLSK dropping an ATM AH on a long holiday weekend. Most of the resentment comes from execs cashing in shares a week or a day before announcing the offering. I tried to

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D.R. Lewis ⚡

@Charge_Stack

5 months

Decided to break down each of my 7 #bitcoin     mining positions, one a day, smallest to largest. Today: #2 - $BITF @Bitfarms_io - a smaller MCAP miner with a clean balance sheet (no debt), aggressive growth plans, and a chart that looks clean & ready from a TA POV, Bitfarms

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D.R. Lewis ⚡

@Charge_Stack

5 months

Re-posting the speculative/rough #Bitcoin #BTC mining stock price 🎯 targets I put together last week. These projections will be interesting for me to look back on & see where I went right/wrong. $CLSK: 🐻$68, 🟰$120, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA: 🐻$110, 🟰$160,

D.R. Lewis ⚡

@Charge_Stack

5 months

Made some tweaks to last night's post re: #bitcoin     miner prices this AM; tried to remove some bias as an investor. For me, this will be interesting to look back on at the EOY and see where I went wrong. $CLSK: 🐻$68, 🟰$120, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA:

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D.R. Lewis ⚡

@Charge_Stack

5 months

#Bitcoin #BTC miners are cycle (momentum) plays - keep a few things in mind: -Market FOMO and bullish sentiment are likely to throw any financial/fundamental evaluations out the window. -ALL miners are likely to dilute shares over the next 12-18 mos. Focus on those that do so

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D.R. Lewis ⚡

@Charge_Stack

15 days

$BTBT @BitDigital_BTBT stands to benefit from Tuesdays #ETH ETF launch. They hold more Ethereum on the balance sheet than any other NASDAQ company. BTBT has 29,927.9 #ETH in their treasury, with a FMV of $102.7M as of 6/30. And, they stake it for passive income that funds

D.R. Lewis ⚡

@Charge_Stack

18 days

Well, I got my red after all. Topped off on $BTBT $CORZ after I looked at the landscape. Averaged up but attacking weakness where able. Solid floors here with the HPC revs and both have more in the queue

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D.R. Lewis ⚡

@Charge_Stack

5 months

Updating info for each of my 6 #Bitcoin mining positions, one a day, smallest to largest. Today my #2 position, @Bitfarms_io $BITF - Why $BITF? Bitfarms has a clean balance sheet (no debt), and has outlined aggressive growth plans guiding to 12 EH/s in 1H (+79% growth) and 21

D.R. Lewis ⚡

@Charge_Stack

5 months

Current #Bitcoin     #btc     stock portfolio: $CLSK 35.88% $MSTR 15.17% $MARA 14.62% $BITF 14.43% $IREN 10.28% $CIFR 5.99% $WULF 3.63% I am going to update DD threads and investment thesis for each miners I hold over the next week - things change quickly w/EOY & Q1

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D.R. Lewis ⚡

@Charge_Stack

3 months

$MARA increasing its hash rate target for fiscal year 2024 from 35-37 EH/s to 50 EH/s...with no ATM or additional funding needed! "With our current liquidity position, this growth target is also fully funded and there is no need for us to raise additional capital to achieve our

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D.R. Lewis ⚡

@Charge_Stack

3 months

The post below isn't meant to be bearish. My theory is that #Bitcoin  does 3x to ~$200k. Quality miners return a 2x-3x multiple from the underlying. A 6x-9x. Which puts: $CLSK at $96-$144 $MARA at $154-$171 $IREN at $36-$54 etc... Cycle plays. I constantly get asked for price

D.R. Lewis ⚡

@Charge_Stack

3 months

IMO #bitcoin miners Q2 earnings are going to be very telling. Those without cheap energy locked in may feel the pinch. The energy and the MWs are quickly becoming the asset in demand.

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D.R. Lewis ⚡

@Charge_Stack

4 months

Done my #bitcoin mining DD & placed my bets. Posts below for companies I have researched: $CLSK $BITF $MARA $CIFR $WULF $IREN $BTBT $RIOT $HIVE My main takeaway for this cycle: I see #bitcoin doing a 2-3x from here, and quality #btc miners doing a multiple of the underlying. I

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D.R. Lewis ⚡

@Charge_Stack

6 months

Decided to break down each of my 7 #bitcoin     mining positions, one a day, smallest to largest. Today: #4 - $RIOT @RiotPlatforms - an attractive position due to their large hodl (3rd largest in the sector) and forecast aggressive EH/s expansion at two new, vertically

D.R. Lewis ⚡

@Charge_Stack

6 months

Since many ask my exposure, I allocate ~20% of my portfolio to high R/R cycle plays, and right now that entire 20% is in the following #bitcoin related stocks. %'s based on closing price 2/16: $CLSK 32.9% $BITF 20.7% $MARA 17.9% ---- $RIOT 7.5% $MSTR 7.4% $IREN 6.0% $WULF 4.3%

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D.R. Lewis ⚡

@Charge_Stack

4 months

Get this question for a #bitcoin     miner stock ~10x/day, so sharing my 'sure to be wrong' price targets 🎯 again: (March 18. No change in thesis) $CLSK: 🐻$68, 🟰$120, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA: 🐻$110, 🟰$160, 🐂$205 $IREN: 🐻$27, 🟰$48, 🐂$69 $CIFR:

SkyLimit

@ApeStrong1122

4 months

@Charge_Stack $CLSK price target short term? And peak bull cycle?

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D.R. Lewis ⚡

@Charge_Stack

6 months

Market reaction to $CLSK Q1 numbers was massive. The shift to FASB accounting rules allows companies that hodl #Bitcoin to *finally* reflect true value of their assets & is HUGE for the entire sector. $CLSK held 3573 #btc on their balance sheet, 4th among publicly traded bitcoin

D.R. Lewis ⚡

@Charge_Stack

6 months

$CLSK was able to utilize new FASB accounting practices to show fair market value of their #Bitcoin hodl. This is a GAME CHANGER for #btc miners to have their balance sheet reflect full asset value. Resultingly, CLSK was net profitable w/35% margins. $MARA next report - using

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D.R. Lewis ⚡

@Charge_Stack

6 months

Updated allocation of #bitcoin #btc miner stocks as of 2/2 (no sells, just buys) and my bear, base, and bull targets 🎯. Bear assumes #Bitcoin 📷 rises to between $100k-125K. In the Bull case we see $250K. $CLSK 🐻$28, 🟰$67, 🐂$136 $MARA 🐻 $50, 🟰$152,🐂$270 $BITF 🐻$16,

D.R. Lewis ⚡

@Charge_Stack

6 months

The % of my portfolio dedicated to #bitcoin mining plays is broken down here, w/a bear, base, and bull target 🎯. Bear assumes #Bitcoin rises to between $100k-125K. In the Bull case we see $250K. $CLSK 🐻$28,🟰67 ,🐂$136 $MARA 🐻 $50, 🟰$152, 🐂$270 $BITF 🐻$16, 🟰$34, 🐂$68

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D.R. Lewis ⚡

@Charge_Stack

2 months

Multiple #bitcoin mining execs have now commented that the $CORZ CoreWeave deal has led to GREAT interest in their stocks. $WULF Director of Corp. Communication stated on my X that he has gotten a dozen calls from energy-focused institutions, quality ones he never expected to

D.R. Lewis ⚡

@Charge_Stack

2 months

Seems this ended up being confirmed. $CORZ $3.5B deal with @CoreWeave put new eyes on $IREN $WULF $CIFR, who are all building to between 550-600MW by 2025. A gamechanger leading to institutional interest and a repricing of these stocks. Obviously the $CORZ deal will not be the

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D.R. Lewis ⚡

@Charge_Stack

21 days

Currently about 25% of my total stock portfolio is in #bitcoin related stocks, proportions as follows: 1. $CLSK - 26% 2. $IREN - 21% 3. $MSTR - 11% 4. $WULF - 9% 5. $BTBT - 9% 6. $CORZ - 9% 7. $CIFR - 7% 8. $MARA - 5% 9. $BITF - 3% Just one man's opinion & effort to be

D.R. Lewis ⚡

@Charge_Stack

22 days

Wrestled with this a little...but decided that if I am going to be speaking on #bitcoin     mining Spaces - especially those I host and do Q&A with execs/CEOs of these companies - I should disclose what positions I am in, and roughly the size of my positions. We all have

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D.R. Lewis ⚡

@Charge_Stack

2 months

A full list of yesterday's #bitcoin mining price🎯from @cantorfitzgerld - all overweight. Thanks @Umbisam $BITF ($2.40) --> $5.00 $BTDR ($7.30) --> $13.00 $CIFR ($4.03) --> $9.00 $CLSK ($15.58) --> $27.00 $IREN ($10.53) --> $23.00 $RIOT ($9.72) --> $23.00 $WULF ($3.09) -->

𝒰𝓂𝒷𝒾𝓈𝒶𝓂

@Umbisam

2 months

$IREN Cantor Fitz Increases Iren Price Target The Most Among Peers (2.3x)

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D.R. Lewis ⚡

@Charge_Stack

6 months

Top 10 publicly traded #Bitcoin #BTC mining companies by MCAP as of Feb 9, 2024 1. $MARA $5.31B 2. $RIOT $3.0B 3. $CLSK $2.74B 4. $BITF $1.18B 5. $HUT $1.0B 6. $BTDR $0.87B 7. $CIFR $0.86B 8. $WULF $0.40B ⬆️1 9. $IREN $0.39 ⬆️2 10. $CORZ $0.34B ⬇️1 Total Bitcoin mining MCAP

D.R. Lewis ⚡

@Charge_Stack

6 months

Top 10 publicly traded #Bitcoin #BTC mining companies by MCAP - Jan 28, 2024 1. $MARA $3.97B 2. $RIOT $2.34B 3. $CLSK $1.47B 4. $BTDR $0.84B 5. $HUT $0.75B⬆️2 6. $BITF $0.75B 7. $CIFR $0.70B⬇️2 8. $GRDI.NE $0.42B⬆️1 9. $WULF $0.40B⬆️1 10. $CORZ $0.34B ⬇️2 Total #BTC mining MCAP

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D.R. Lewis ⚡

@Charge_Stack

5 months

Great similarities between $MSTR and $MARA charts. Expecting this one to run sooner than later. Love the acquisition of Garden City announced Friday, and the continued pivot to self-mining.

“Coosh” Alemzadeh

@AlemzadehC

5 months

This time is always different #MARA #MSTR #BTC

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D.R. Lewis ⚡

@Charge_Stack

3 months

$CLSK at $204 (a 9x from here) fits the utmost upper range my thesis that quality #bitcoin miners will return at a multiple of the underlying (BTC). If #BTC does a 3x, I expect quality miners to 6x-9x Think it's unrealistic? Cycle plays return asymmetric, irrational short-term

Sean Buckley

@seancbuckley

3 months

My updated $CLSK longterm price targets on the weekly chart. $CLSK will be the best performing proxy in this #Bitcoin cycle, in my opinion $51 = + 163% $98 = +402% $204 = +947%

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D.R. Lewis ⚡

@Charge_Stack

5 months

Haven't seen these anywhere on X yet, so dropping (4) slides from today's $WULF @terawulf investor presentation that accompanied tonight's call - if you hold WULF these should be of interest: Slide 1. Shows growth plan in linear scale from current 8 EH/s & 200MW to 28.3 EH/s &

D.R. Lewis ⚡

@Charge_Stack

5 months

Breaking down each of my 6 #Bitcoin mining positions, one a day, smallest to largest. Today: $WULF @TeraWulfInc Metrics: ✅7.9 EH/s end of Feb, forecast +8.0 EH/s by end of March, and 10 EH/s by mid-2024 (33% EH/s growth) ✅Vertically integrated, utilizing nuclear, hydro, &

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@Charge_Stack

11 days

$IREN immediately adds 150MW to Childress, as approved by ERCOT. Total capacity now raised to 2310MW 510MW by EOY, 910MW in 2025 Also some guidance re: 1400MW development site (on schedule) and the additional 1GW in the pipeline for 2027+

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D.R. Lewis ⚡

@Charge_Stack

5 months

$CLSK mining 26.8 #BTC    /day on 16 EH/s $MARA mining 27.7 #BTC    /day on 27.6 EH/s Stark difference in operational efficiency & uptime - speaks to management and the value of the self-mining (vertically integrated) business model.

𝒰𝓂𝒷𝒾𝓈𝒶𝓂

@Umbisam

5 months

$CLSK mined ~403 BTC in Mar 2024, as of Mar 15 (h. 09:00 UTC). $MARA mined ~416 BTC in Mar 2024, as of Mar 15 (h. 10:00 UTC, Marapool + est. JVs). MARA/CLSK Current Month Prod Gap, DoD 23 BTC (March 14) -> 13 BTC (March 15) => MARA BTC Revs +3.02% vs CLSK BTC Revs [TX

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D.R. Lewis ⚡

@Charge_Stack

3 months

I absolutely love the small but growing niche community of #bitcoin miner investors and industry insiders here on X. Posting and sharing info, news, ideas, and predictions here has become a super fun daily habit/hobby. These will be the "good old days" when industry leaders &

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@Charge_Stack

5 months

I really hope you bought the dip. $CLSK $MARA $IREN $BITF $CIFR $WULF $MSTR #Bitcoin

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D.R. Lewis ⚡

@Charge_Stack

5 months

Made some tweaks to last night's post re: #bitcoin     miner prices this AM; tried to remove some bias as an investor. For me, this will be interesting to look back on at the EOY and see where I went wrong. $CLSK: 🐻$68, 🟰$120, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA:

D.R. Lewis ⚡

@Charge_Stack

5 months

Very rough price 🎯 targets for the 6 #bitcoin #btc miners I hold positions in: $CLSK: 🐻$44, 🟰$92, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA: 🐻$110, 🟰$195, 🐂$285 $IREN: 🐻$27, 🟰$48, 🐂$69 $CIFR: 🐻$21, 🟰$36, 🐂$53 $WULF: 🐻$10, 🟰$18, 🐂$26 Targets are based on forward

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@Charge_Stack

1 month

$WULF @TeraWulfInc hit a 52-week high today, and is now up 117% YTD. Congrats fellow WulfPack members - lots to be excited about with TeraWulf! 🐺

D.R. Lewis ⚡

@Charge_Stack

1 month

'Insatiable demand' for HPC/AI example - $WULF @TeraWulfInc recent comments of incredible level of inbounds coupled with points management disclosed to Cantor Fitzgerald last week during a site visit to Lake Mariner: -Actively engaging with major industry players, mapping out

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@Charge_Stack

21 days

With any sense of low-time preference, we are on the precipice of a large run-up for #btc     #bitcoin     and proxies, who should 2-3x the underlying. I expect Bitcoin to 3x from here in this bull cycle. I expect Bitcoin miners to 6-9x in this bull cycle. The next 6

D.R. Lewis ⚡

@Charge_Stack

21 days

Currently about 25% of my total stock portfolio is in #bitcoin related stocks, proportions as follows: 1. $CLSK - 26% 2. $IREN - 21% 3. $MSTR - 11% 4. $WULF - 9% 5. $BTBT - 9% 6. $CORZ - 9% 7. $CIFR - 7% 8. $MARA - 5% 9. $BITF - 3% Just one man's opinion & effort to be

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@Charge_Stack

4 months

$CLSK - all miners needed for expansion to 50 EH/s now funded, and they will exercise in full the existing option from January. Lots of liquidity now exists to acquire distressed mining facilities post-halving. Long term view = extremely bullish. Posted this Sat: "The next

D.R. Lewis ⚡

@Charge_Stack

4 months

Good overall evaluation from @Invst_Informant . I agree. $CLSK has been *very* clear about their expansion plans. An ATM/shelf was always dropping - it was just a matter of when. The next time CLSK doesn't use shares to add shareholder value, it will be the first. This co went

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@Charge_Stack

2 months

$MSTR to join Russell 1000 on June 28th after market close. More passive flows.

SuperMicro Computer, MicroStrategy set to join Russell 1000 By Investing.com

SuperMicro Computer, MicroStrategy set to join Russell 1000

www.investing.com

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@Charge_Stack

5 months

Did you know that in addition to hodling #Bitcoin    , since Oct 23 $BITF has been purchasing long-dated call options to augment their hodl? They are calling it "Synthetic HODL™" As of 2/29 $BITF has 804 #bitcoins (~$50M) and a "Synthetic HODL™" of 135 long-dated BTC call

D.R. Lewis ⚡

@Charge_Stack

5 months

Decided to break down each of my 7 #bitcoin     mining positions, one a day, smallest to largest. Today: #2 - $BITF @Bitfarms_io - a smaller MCAP miner with a clean balance sheet (no debt), aggressive growth plans, and a chart that looks clean & ready from a TA POV, Bitfarms

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@Charge_Stack

5 months

Price target 🎯 upgrades for $MARA and $CLSK HC Wainwright & Co. maintains Marathon Digital Holdings at Buy and raises the price target from $24 to $35. CleanSpark Price Target Raised to $27.00/Share From $15.00 by HC Wainwright & Co Apparantly, I wasn't the only one happy

D.R. Lewis ⚡

@Charge_Stack

5 months

$MARA @MarathonDH 2023 Q4 earnings - large beat! Analysts were pricing in a 14.7% move (from $31 -->$27 or from $31--> $35.5) - very happy with the initial numbers and although it looks like a dip to the low early, MARA chugs towards $40 in the near future. Metrics: Wall St.

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@Charge_Stack

5 months

Updating info for each of my 6 #Bitcoin mining positions, one a day, smallest to largest. Today my #3 position, @MarathonDH $MARA - Why $MARA? Thesis - Volume! Sector leading EH/s deployed, hodl, and liquidity. Likely to acquire smaller miners and have forecast realistic

D.R. Lewis ⚡

@Charge_Stack

5 months

Current #Bitcoin     #btc     stock portfolio: $CLSK 35.88% $MSTR 15.17% $MARA 14.62% $BITF 14.43% $IREN 10.28% $CIFR 5.99% $WULF 3.63% I am going to update DD threads and investment thesis for each miners I hold over the next week - things change quickly w/EOY & Q1

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@Charge_Stack

10 days

$CLSK @CleanSpark_Inc is still my top pick in the sector, and this week topped off once again on the weakness, adding in the 16s. This stock (and a few 'pure play' miners) is ready for a directional move, and the sector is due some rotation soon, IMO. What I'm seeing for CLSK in

D.R. Lewis ⚡

@Charge_Stack

10 days

#bitcoin     moving fast off local bottoms and swinging that beautiful daily 🔨 hammer. I hope you bought the dip! Last 2 days added $CIFR $BTBT $CLSK commons and $RIOT $BTBT calls. Play the volatility swings and add to the core. Rinse. Repeat.

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@Charge_Stack

5 months

One factor I think many overlook when evaluating #bitcoinmining co's is their infrastructure - ownership vs. hosting. Include land, buildings & miners owned (not just hodl) when considering a co's assets: $CLSK fully owns 6 mining facilities in GA (~3.2 million SF of

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@Charge_Stack

4 months

$CLSK with a solid day yesterday, mining 25 #Bitcoin $MARA with a huge day yesterday, mining 50 #Bitcoin 25 #BTC at $65K = $1.625M 50 #BTC at $65k = $3.25M Add transaction fees. March & Q12024 numbers will be huge. So many reasons for optimism re: Bitcoin mining stocks

𝒰𝓂𝒷𝒾𝓈𝒶𝓂

@Umbisam

4 months

$CLSK mined ~630BTC in Mar 2024, as of Mar 24 (h. 09:20UTC). $MARA mined ~660 BTC in Mar 2024, as of Mar 24 (h. 09:20 UTC, Marapool + est. JVs). MARA/CLSK Current Month Prod Gap, DoD +5 BTC (March 23) -> +30 BTC (March 24) March 2024 MARA BTC Revs +4.8% vs CLSK BTC Revs

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@Charge_Stack

14 days

Yes, thats exactly what I am saying. If #BTC     does a 3x, I expect quality miners to 6x-9x Think it's unrealistic? Cycle plays return asymmetric, irrational short-term profits. That's why we're here. Thesis in a nutshell 👇 The ability of quality miners to produce the

JEFF WAN

@JEFFWAN8

14 days

@Charge_Stack D.R. let me see if I understand u Say BTC does a 3X , so ur talking 3x-6x on top of 3x? Lets pick an arbitrary 3x for miners which means miners will do a 9X? See #s below based on fri close wulf: 50.31 iren: 101.70 riot: 108.27 bitf: 25.11 cifr: 55.71 clsk: 160.56

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@Charge_Stack

6 months

The % of my portfolio dedicated to #bitcoin mining plays is broken down here, w/a bear, base, and bull target 🎯. Bear assumes #Bitcoin rises to between $100k-125K. In the Bull case we see $250K. $CLSK 🐻$28,🟰67 ,🐂$136 $MARA 🐻 $50, 🟰$152, 🐂$270 $BITF 🐻$16, 🟰$34, 🐂$68

D.R. Lewis ⚡

@Charge_Stack

6 months

How much of your portfolio is allocated to #Bitcoin miners? I'm currently at 16.41%. I allocate up to 20% of my portfolio to cycle investing or R/R - almost fully loaded. Who's "all-in"? Holding $CLSK $MARA $BITF $HUT $MSTR $IREN $CIFR and $WULF - Q424 price targets tomorrow.

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@Charge_Stack

2 months

Reposting my "sure to be wrong price estimates" from March 18. No change in thesis. Full explanations in post below, but TL/DR - quality #bitcoin miners do a 6-9x at peak bull $CLSK: 🐻$68, 🟰$120, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA: 🐻$110, 🟰$160, 🐂$205 $IREN:

D.R. Lewis ⚡

@Charge_Stack

4 months

With my DD thread on #bitcoin     miners below 👇, reposting my "sure to be wrong price estimates" from March 18. No change in thesis. $CLSK: 🐻$68, 🟰$120, 🐂$165 $BITF: 🐻$13.50, 🟰$21, 🐂$34 $MARA: 🐻$110, 🟰$160, 🐂$205 $IREN: 🐻$27, 🟰$48, 🐂$69 $CIFR: 🐻$21, 🟰$36, 🐂$53

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@Charge_Stack

24 days

9k followers in ~6 months of talking #Bitcoin miners. The demand is real! Honored to be one of the voices in this sector & promise to continue to use my powers for good 🙏 No drama, no shilling, no bullshit. Let's talk #btc miners - you all help me learn!

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@Charge_Stack

2 months

Just got home after the tour and unpacked my $CLSK @CleanSpark_Inc Investors Day swag bag - very cool! Thank you for the cool gifts!

D.R. Lewis ⚡

@Charge_Stack

2 months

$CLSK @CleanSpark_Inc tour photo dump. This was insanely cool. @ZachKBradford @smatthewschultz @GaryVec @taylorbmonnig thank you for an amazing experience in Norcross today - what an incredible team! 👏

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@Charge_Stack

5 months

Just saw I reached 5k followers. With only 250 followers on Jan 1, I decided to share more about #Bitcoin & the #BTC miners I invest in, but never saw a 20x in 80 days! Thank you for finding value here, it's been fun to share & learn with you🙏 Let's all win this cycle!

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@Charge_Stack

22 days

$CLSK @CleanSpark_Inc is still my top pick in the sector, and this week topped off at $15.50. This stock (and a few 'pure play' miners) is ready for a directional move and the sector due some rotation soon, IMO. What I'm seeing for CLSK in terms of growth has me bullish 👇

D.R. Lewis ⚡

@Charge_Stack

1 month

$CLSK @CleanSpark_Inc has shown the ability to execute. 20 EH/s by 1H 2024... ✅️ 32 EH/s by EOY 2024... 50+ EH/s by 2025... •S21 pro Miners fully funded •160MW added for 2024 in the last 7 days •GRIID adds 400MW to long term pipeline •WY sites to add 75MW to pipeline

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@Charge_Stack

6 months

Decided to break down each of my 7 #bitcoin     mining positions, one a day, smallest to largest. Today: #6 - $WULF @TeraWulfInc is a smaller position for me at ~4%. Most attractive as an investor is TeraWulf's insanely low energy cost, just over $.038 ($11k/bitcoin). Also,

D.R. Lewis ⚡

@Charge_Stack

6 months

Since many ask my exposure, I allocate ~20% of my portfolio to high R/R cycle plays, and right now that entire 20% is in the following #bitcoin related stocks. %'s based on closing price 2/16: $CLSK 32.9% $BITF 20.7% $MARA 17.9% ---- $RIOT 7.5% $MSTR 7.4% $IREN 6.0% $WULF 4.3%

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@Charge_Stack

5 months

$MARA @MarathonDH 2023 Q4 earnings - large beat! Analysts were pricing in a 14.7% move (from $31 -->$27 or from $31--> $35.5) - very happy with the initial numbers and although it looks like a dip to the low early, MARA chugs towards $40 in the near future. Metrics: Wall St.

D.R. Lewis ⚡

@Charge_Stack

5 months

Decided to break down each of my 7 #bitcoin     mining positions, one a day, smallest to largest. Today: #3 - $MARA @MarathonDH - What's attractive about this position? Volume! Sector leading EH/s deployed, hodl, and liquidity. Likely to acquire smaller miners and have

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@Charge_Stack

6 months

A week ago, I thought my bear, base, and bull targets🎯for $CLSK were too high. Double checked my math, but this is what my model said. I'm not sure I was too high after all! 🐻$41,🟰$80,🐂$126 Bear assumes bitcoin rises to between $100k-125K. In the Bull case we see $250K.

D.R. Lewis ⚡

@Charge_Stack

6 months

$CLSK was able to utilize new FASB accounting practices to show fair market value of their #Bitcoin hodl. This is a GAME CHANGER for #btc miners to have their balance sheet reflect full asset value. Resultingly, CLSK was net profitable w/35% margins. $MARA next report - using

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@Charge_Stack

27 days

$BITF @Bitfarms_io names @hashoveride Ben Gagnon as CEO! GREAT HIRE 🔥🔥🔥

Bitfarms

@Bitfarms_io

27 days

🎉Congratulations to our new CEO, Ben Gagnon!🎉 See the full press release here:

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D.R. Lewis ⚡

@Charge_Stack

5 months

After a month of consolidation following a 250-300% run, $CLSK looks coiled and ready to move off the volume shelf. Over 450 #bitcoin mined in March (~27 #BTC /day), a price per coin between $67-72k this month & higher transaction fees. Monthly/quarterly updates will be VERY

Jake Wujastyk

@Jake__Wujastyk

5 months

$CLSK #CLSK Volume shelf setup on the daily candle chart.

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D.R. Lewis ⚡

@Charge_Stack

6 months

Cool look inside one of @CleanSpark_Inc 6 fully owned and operated #Bitcoin mining facilities in GA. By owning the buildings, land, and miners, $CLSK is able to both control and lower costs, while maximizing margins. They are consistently rated among the most efficient miners in

Documenting ₿itcoin 📄

@DocumentingBTC

6 months

Inside look at a new #bitcoin mine in Norcross, Georgia using immersion cooling technology.

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@Charge_Stack

18 days

To answer all these Qs at once: $CIFR is EXPLORING a sale - which means there is takeover interest from another miner - OR AI COMPANY - in acquiring them. What price will $CIFR want? Does a sale return value for shareholders? This isn't a distressed sale - or a hostile

Theretweetguy

@Theretweetguy7

18 days

@Charge_Stack I don’t know if this is good or bad for the share price of CIFR but the market seems to like it. What are your thoughts on that sir?

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@Charge_Stack

1 month

3 HPC/AI deals, small, medium, and large that have impacted the sector and will be revenue accetive: $CORZ with a $4.725B deal with @CoreWeave over 12 years $BTBT with a $275M deal over 3 years with anchor client $SLNH with an up to $80M deal over 3 years with @HPE

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@Charge_Stack

30 days

#Bitcoin mining stocks that hit 52-week highs today: $IREN - $15.04 $WULF - $5.71 These won't all run at the same time - but right now, these 2 continue to look very strong. My opinion is we see $CLSK $CORZ and $MARA next. Could be wrong - just my take. Enjoy the wknd all,

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@Charge_Stack

6 months

$CLSK is acquiring 3 turnkey #bitcoin     #btc     facilities in MS, expanding more at Dalton, GA, and now has outlined the path to exceed 20 EH/s during the first half of 2024! Congrats @ZachKBradford @smatthewschultz and the whole @CleanSpark_Inc team! Venturing into

CleanSpark Inc.

@CleanSpark_Inc

6 months

Today we announced two new acquisitions, that combined with the imminent energization of the Sandersville expansion, provide us the additional power needed to double our current operational #hashrate of 10 EH/s and exceed 20 EH/s during the first half of 2024. $CLSK is venturing

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@Charge_Stack

5 months

@CleanSpark_Inc announced Tuesday that their acquisition of a new #bitcoin mining facility at Dalton is nearing completion, on schedule to energize in April and push $CLSK over 17 EH/s - right on schedule as they build towards to 20 EH/s in 1H2024 between Dalton, MS, and

CleanSpark Inc.

@CleanSpark_Inc

5 months

We are excited to announce that the construction of our recent Dalton acquisition is nearing completion. Once complete, this site will bring $CLSK's operating #hashrate to over 17 EH/s! As you can see from the photos, we are making significant progress and expect to be fully

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@Charge_Stack

4 months

Over the next ~7.5 months (until EOY 2024), in terms of returns, I'll choose to put my money into quality #bitcoin miners than into any other sector or plays. Conviction. $CLSK $MARA $IREN $CIFR $WULF $BITF $BTBT are my plays. To the victor goes the spoils.

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@Charge_Stack

5 months

Decided to break down each of my 7 #bitcoin     mining positions, one a day, smallest to largest. Today: #3 - $MARA @MarathonDH - What's attractive about this position? Volume! Sector leading EH/s deployed, hodl, and liquidity. Likely to acquire smaller miners and have

D.R. Lewis ⚡

@Charge_Stack

6 months

Since many ask my exposure, I allocate ~20% of my portfolio to high R/R cycle plays, and right now that entire 20% is in the following #bitcoin related stocks. %'s based on closing price 2/16: $CLSK 32.9% $BITF 20.7% $MARA 17.9% ---- $RIOT 7.5% $MSTR 7.4% $IREN 6.0% $WULF 4.3%

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@Charge_Stack

2 months

$MARA to $70 by late summer? Fear, FUD, sentiment in this name makes me think bottom is firming up. I believe @Freedom_By_40 is charting this right as usual. If you're into #bitcoin     miners and not using his charts as a tool, why not? He also dropped $WULF $CIFR $BITF and

Freedom By 40

@Freedom_By_40

2 months

$MARA Lots of fear and fud lately with MARA.. don't think its going to last much longer tbh. Buckle up fellow bulls and pigs.

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@Charge_Stack

1 month

To paraphrase @bigsuey Sue Ennis of $HUT on a spaces with myself and @Adrian_R_Morris Friday: Billion dollar funds see #Bitcoin miners with AI expertise and the right power/MW portfolio as emerging data center RIETs trading at a tremendous discount to value. Bullish.

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@Charge_Stack

2 months

2025 growth plans built around low-cost power & achievable large-scale growth for $CLSK $IREN $CIFR $WULF have made them my largest positions - in this order. You *still* haven't missed out on #bitcoin miner plays. I anticipate big moves in the sector over the next 12-18

D.R. Lewis ⚡

@Charge_Stack

2 months

I don't think you "missed out" on $IREN. Still being "repriced" up on guidance. I hold large positions in $CLSK and $MARA also - heavyweights in the sector w/large growth plans - but have been accumulating miners with low-cost power - $IREN $CIFR $WULF - since Feb. Access to

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@Charge_Stack

26 days

$WULF @TeraWulfInc Announces Early Debt Payoff - HUGE to see a full repayment of its term loan ahead of schedule, eliminating all outstanding debt. ----- Patrick Fleury, Chief Financial Officer, stated, “Our business's profitability and strong cash generation has allowed us to

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@Charge_Stack

1 month

Why are $CLSK $IREN $CIFR $WULF my largest positions? 2025 growth plans built around MW capacity, low-cost power, achievable large-scale growth, solid costs/margjns, and good leadership. $CLSK building to 640 MW with 5 new sites in GA, their WY acquisition, and Sandersville

D.R. Lewis ⚡

@Charge_Stack

1 month

Since I get asked all the time - and share info about nearly all the stocks in the sector - I'll disclose my positions, and thus my biases. My personal #Bitcoin miner holdings (my DIY WGMI) as we head into 2H 2024: Large holdings (half) $CLSK $IREN Other holdings (45%) (by

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@Charge_Stack

5 months

One #bitcoin miner left in my DD series - updating my $CLSK @CleanSpark_Inc info tomorrow. Might throw in a rough price estimate for my top miner: Would you believe me if I said CleanSpark could hit $150 this cycle? ------- Here are the links to the other miners in my series:

D.R. Lewis ⚡

@Charge_Stack

5 months

Current #Bitcoin     #btc     stock portfolio: $CLSK 35.88% $MSTR 15.17% $MARA 14.62% $BITF 14.43% $IREN 10.28% $CIFR 5.99% $WULF 3.63% I am going to update DD threads and investment thesis for each miners I hold over the next week - things change quickly w/EOY & Q1

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@Charge_Stack

4 months

Who do I think are the "quality #Bitcoin     miners" I reference here in re: to potential 6x-9x returns? $CLSK $MARA $IREN $CIFR $WULF $BITF Everyone has there favorites. I've done a LOT of DD and these are mine. All have a bright future post-halving IMO, as does the sector

D.R. Lewis ⚡

@Charge_Stack

4 months

Goodnight. Sick of patiently defending opinions re: massive future growth in MCAP and pps for #bitcoin miners. My main takeaway: I see bitcoin   doing a 2-3x from here, and miners doing a multiple of the underlying. That said, I feel I am looking at 6-9x plays in the next

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@Charge_Stack

6 months

$CLSK paying ~$6M annually in taxes to the city of Sandersville to run a #BTC     mine, allowing them to improve roads, schools & infrastructure. City says they may be able to roll property taxes for residents to ZERO. #Bitcoin     @CleanSpark_Inc uplifting a community 🙌

S Matthew Schultz

@smatthewschultz

6 months

With all of the #FUD about #Bitcoin and #bitcoin mining, here’s another perspective. @CleanSpark_Inc is LOWERING POWER COSTS for the residents and LOWERING PROPERTY TAXES for the citizens of the community according to this #Georgia news report!

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@Charge_Stack

20 days

There are a LOT of people invested in #bitcoin miners and MORE who are just entering the space who have done ZERO DD. They have no knowledge of the #BTC EH/s expansion (growth targets), costs, debt structure, HPC optionality, etc. It's just a trendy cycle play for many. Dig a

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@Charge_Stack

4 months

$CLSK projected post-halving cost-to-mine per #bitcoin = $28,093 Some back of the napkin math w/ #BTC at $70k tonight: Per bitcoin: $70k-$28k = $42k Per day (12.5) (50% current avg) = $42k*12.5 =$525k Per month = $525k*30 = $15.75M (Slide from the @CleanSpark_Inc FY 2024

D.R. Lewis ⚡

@Charge_Stack

5 months

Finishing my DD updates for the 6 #Bitcoin mining positions in my portfolio with my #1 position, $CLSK @CleanSpark_Inc - (Price🎯at bottom) Why CLSK? Execution, efficiency, effective leadership, clear communication, stable energy contracts, and vertical integration - $CLSK

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@Charge_Stack

2 months

Just crazy how all the love (rightfully) has gone to the HPC plays - and trust, the $IREN $CORZ $WULF portion of my #bitcoin miner portfolio appreciates the love - but don't sleep on this monster. $CLSK is going to have a helluva run sooner than later.

BACH

@CyclesWithBach

2 months

$CLSK - Still completely valid expanding flat with a backtest after breakout! - Might need a few into June before it can take off! Been stuck in a range now for while, expect a big move ones it breaks out! Long

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@Charge_Stack

7 months

An additional #BTC #Bitcoin catalyst = shorts having to close their positions. $MARA Short % Float - 20.30% $RIOT Short % Float - 16.77% $CLSK Short % Float - 8.78% $HUT Short % Float - 11.16% $WULF Short % Float - 25.60% $IREN Short % Float - 4.85% $BITF Short % Float -

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@Charge_Stack

3 months

On the heels of great news for investors that $MARA raised guidance to 50 EH/s by EOY - fully funded - MaraPool is surging: 9 blocks in the last 24 hrs 42 blocks in the last week It also appears (from other sources on X) that older S9 miners (mostly private) are being turned

D.R. Lewis ⚡

@Charge_Stack

3 months

$MARA increasing its hash rate target for fiscal year 2024 from 35-37 EH/s to 50 EH/s...with no ATM or additional funding needed! "With our current liquidity position, this growth target is also fully funded and there is no need for us to raise additional capital to achieve our

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@Charge_Stack

2 months

$CLSK @CleanSpark_Inc closing immediately on 60MW and adding 3.7 EH/S acheives their target of 20 EH/s by 1H 2024. Current = 17.97 EH/s +GA sites - 3.7 = 21.67 EH/s And headed into 2H with the goal of 32 EH/s we can forecast: +Sandersville - 3.0 = 24.67 EH/s +Dalton - .8 EH/s

D.R. Lewis ⚡

@Charge_Stack

2 months

@CleanSpark_Inc $CLSK Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of Infrastructure "Acquisitions are expected to increase Company's operating hashrate to over 20 EH/s by month's end using already purchased hardware" - hitting that 20

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@Charge_Stack

6 months

Top 10 publicly traded #Bitcoin mining companies by HODL as of February 1, 2024, w/value of HODL at $51k #BTC , and the impact of FASB accounting: 1. $MARA 15741 ($803M) 2. $HUT 9116 ($465M) 3. $RIOT 7648 ($390M) 4. $CLSK 3573 ($181M) 5. $HIVE 1939 ($99M) 6. $CIFR 1132 ($58M)

D.R. Lewis ⚡

@Charge_Stack

6 months

$CLSK was able to utilize new FASB accounting practices to show fair market value of their #Bitcoin hodl. This is a GAME CHANGER for #btc miners to have their balance sheet reflect full asset value. Resultingly, CLSK was net profitable w/35% margins. $MARA next report - using

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D.R. Lewis ⚡

@Charge_Stack

6 months

Since many ask my exposure, I allocate ~20% of my portfolio to high R/R cycle plays, and right now that entire 20% is in the following #bitcoin related stocks. %'s based on closing price 2/16: $CLSK 32.9% $BITF 20.7% $MARA 17.9% ---- $RIOT 7.5% $MSTR 7.4% $IREN 6.0% $WULF 4.3%

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D.R. Lewis ⚡

@Charge_Stack

6 months

Love my first glance at the numbers from $CLSK @CleanSpark FY2024's First Quarter: ✔️Revenue of $73.8 million ✔️Net income of $25.9 million ✔️Adjusted EBITDA of $69.1 million Beating all consensus estimates across the board, including revenue, EPS, and profitability. EH/s up

CleanSpark Inc.

@CleanSpark_Inc

6 months

Reporting $CLSK's Q1 FY2024 financial results ending December 31, 2023: *Revenue: $73.8 million *Revenue growth YOY: 165% *Net income: $25.9 million *Adjusted EBITDA: $69.1 million *Total Assets: $862.7 million In addition, our current #bitcoin mining #hashrate surpasses 12.5

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D.R. Lewis ⚡

@Charge_Stack

2 months

Very interesting post @Name_Is_Paul - $IREN top execs have options for 2.4M shares (4 tranches of 600k shares each) at $75/share if by 9/14/2032 the price reaches: $370 - 600k shares $650 - 600k shares $925 - 600k shares $1850 - 600k shares Absolutely love performance based

Paul

@Name_Is_Paul

2 months

@PAltv247223 not a dream

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D.R. Lewis ⚡

@Charge_Stack

5 months

This is huge for #bitcoin miners, and as block rewards lessen over time, a major revenue stream for the businesses. $CLSK $MARA $BITF $IREN $CIFR $RIOT $WULF All looking at great 1Q 24 revenues based on #bitcoin price well over $60k and high xaction fees!

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D.R. Lewis ⚡

@Charge_Stack

2 months

While I expect the whole sector to continue to do well, it looks to me like we see a healthy rotation back into the larger MCAP #bitcoin miners. Not moving off my positions in $CORZ $IREN $WULF $CIFR but it may be time for the top 3 to move: $MARA $CLSK $RIOT

D.R. Lewis ⚡

@Charge_Stack

2 months

Top 10 publicly traded #Bitcoin #BTC mining companies by MCAP as of close of market, 6/14/24. Total bitcoin mining MCAP $26.93 1. $MARA - $5.5B 2. $CLSK - $4.03B 3. $RIOT - $3.04B 4. $IREN - $1.93B 5. $CORZ - $1.84B 6. $CIFR - $1.53B 7. $BTDR - $1.37B 8. $WULF - $1.30B 9. $BITF

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D.R. Lewis ⚡

@Charge_Stack

2 months

Quick takeaways re: $BITF and $RIOT: 1. $BITF is a very desirable acquisition target, funded growth to 21 EH/s at 21 J/TH by EOY 2. They are worth way more than $2.30/share. $RIOT knows this and is using that price - which they can point to as above the trading price when the

D.R. Lewis ⚡

@Charge_Stack

2 months

$BITF @Bitfarms_io responds to the hostile takeover attempt by $RIOT @RiotPlatforms with the adoption of a "Shareholder Rights Plan" - AKA a 'Poison Pill'. ---- $BITF "announced that its Board of Directors (the “Board”) has unanimously approved the adoption of a shareholder

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D.R. Lewis ⚡

@Charge_Stack

3 months

To expand on $IREN being undervalued and a steal at $5: •Currently operating at 9 EH/s, with over 110% growth to 20 EH/s by EOY fully funded and on track •Likely underselling EOY hashrate at 20 EH/s based on CEO @danroberts0101 comments on @theBTCMiningGuy spaces yesterday:

D.R. Lewis ⚡

@Charge_Stack

3 months

@SCurveCapital @JoeShatterTV @theBTCMiningGuy @danroberts0101 @MortensenBach @Freedom_By_40 $IREN under $5 is a steal IMHO. Debt free, excellent growth plan, and multiple verticals. An easy 3-4x play

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D.R. Lewis ⚡

@Charge_Stack

1 month

If there was any doubters still hanging in the wings, it's officially official. $CLSK @CleanSpark_Inc hits their 20 EH/s by 1H 2024 🎯 What an amazing year of growth...so far! On to 32 EH/s by EOY for "America's #Bitcoin     Miner"

CleanSpark Inc.

@CleanSpark_Inc

1 month

The roaring ‘20s are back, the $CLSK way… with a milestone of 20 EH/s in hashrate. 🍾🎷✨

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D.R. Lewis ⚡

@Charge_Stack

5 months

FRIDAY: " $BITF dilution - why are they announcing a shelf" MONDAY: " $BITF buys 10 EH/s ($143M) in miners to fill new mining facilities." Buy. the. FUD. These miners are all going to dilute to grow into the bull market. Buy dips, get long with a low time preference. All

TheMinerMag

@TheMinerMag_

5 months

$BITF @Bitfarms_io Buys Additional 10 EH/s #Bitcoin Miners for $143M #BTC #Bitcoinmining

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D.R. Lewis ⚡

@Charge_Stack

3 months

$BITF @Bitfarms_io call being handled very nicely by @hashoveride Ben Gagnon - I like this slide very much.

D.R. Lewis ⚡

@Charge_Stack

3 months

$BITF @Bitfarms Q1 2024 Results are out: -Revenue of $50M (+9% Q/Q, +67% Y/Y) -On track to achieve 21 EH/s, 21 w/TH EOY -Operating loss of $24M -Net loss of $6M, or -$0.02 EPS -$158M of ATM utilized -Gross mining margin of 59% (+52% Q/Q, +41% Y/Y) -Secured additional 24,000

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D.R. Lewis ⚡

@Charge_Stack

5 months

At the end of this DD post on $CLSK I dropped a rough bear/base/bull price target: 🐻$44, 🟰$92, 🐂$165 After this, I had several requests for price targets for my other positions - $BITF $MARA $IREN $CIFR $WULF - and will try to drop them later if that's something people have

D.R. Lewis ⚡

@Charge_Stack

5 months

Finishing my DD updates for the 6 #Bitcoin mining positions in my portfolio with my #1 position, $CLSK @CleanSpark_Inc - (Price🎯at bottom) Why CLSK? Execution, efficiency, effective leadership, clear communication, stable energy contracts, and vertical integration - $CLSK

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D.R. Lewis ⚡

@Charge_Stack

20 days

$6 $WULF - congrats WULPACK, this $2 stable coin has tripled quickly! 🐺🐺🐺

D.R. Lewis ⚡

@Charge_Stack

22 days

Miners who have a large nameplate EH/s but are not being profitable will be challenged post-halving. Companies that own quality infrastructure and deliver low-cost power have the best asset. ~Paraphrasing $WULF @TeraWulfInc co-founder and COO Nazar Khan as I prep for Thursday's

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D.R. Lewis ⚡

@Charge_Stack

8 days

So... $MSTR would be worth over $10T and @saylor the world's first trillionaire. In #btc miner world, $MARA's 20,000 #bitcoin hodl would be worth $980B Are you ready for 20 years of insane growth?!?

Michael Saylor⚡️

@saylor

8 days

$13M is the #Bitcoin Base Case.

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