Bullish Case: The bullish case for CLSK relies on rising Bitcoin prices and successful expansions, supported by a high historical correlation with profitability. Increasing institutional interest and positive sentiment in the crypto market could drive stock prices higher.

Bearish Case: The bearish scenario considers regulatory risks in the crypto space, potential operational setbacks, and profitability concerns amidst fierce competition in the mining sector, likely suppressing CLSK's stock price.

Potential Outcomes:

• BTC prices surge, enhancing revenues: 75% chance
• Regulatory changes impact profitability negatively: 50% chance
• CLSK expansion succeeds, boosting operational capacity: 60% chance
• Increased competition reduces market share: 40% chance

Trading Oracle: Engage in a bullish debit spread by buying $12 calls and selling $15 calls, targeting market swings from rising Bitcoin prices. Given increased volatility, this strategy captures profits as CLSK potentially rallies, leveraging high reward-to-risk ratios.

December 20, 2024