CleanSpark celebrates growth at investor day, analysts reiterate ‘buy’ rating

Cleanspark is a solid purchase and an `superior option ” for investors this year, according to a report by HC Wainwright & Co.

Cleanspark, a bitcoin (BTC) Mining Company, organized a day of investors in New York on January 27, celebrating its fifth anniversary on the Nasdaq.

The company, which has entered Bitcoin mine The sector in December 2020 quickly became a leading player in the industry, taking advantage of its expertise in energy and micro-network development, according to a way by Wainwright shared with Crypto.News.

During the event, the management of Cleanspark described its key success strategy, which includes a counter -cyclical investment approach – expansing during market slowdowns – and focusing on rural communities access to energy at low cost.

Currently, Cleanspark operates 31 data centers with more than 900 megawatts of contracted electricity and a deployed hash rate of 39 exams per second (EH / S), a critical metric for Bitcoin extraction capacity, according to analysts of HC Wainwright.

Cleanspark ranks among the first three among his peers in measures like chopper rateBitcoin production and operational efficiency.

“Buy” note from Cleanspark

For the future, the company has reiterated its objective of reaching 50 eh / s by mid-2010, an important step involved by another North American minor on the stock market.

The leadership of Cleanspark highlighted the stages to achieve this objective, including recent funding thanks to a convertible tickets of $ 650 million, Development projects in Tennessee and Wyoming and favorable offers for mining equipment.

With an action objective of $ 27, analysts see Cleanspark as a strong option for investors looking for an exposure to Bitcoin potential.

Cleanspark’s actions are currently negotiated at $ 10.25 at the time of the editorial staff.