$CLSK short term catalysts - 4 things I am looking at from a fundamental POV: 1 • 37 EH/s EOY 🎯 --- Adding another 6 EH/S to hash rate (+19%) in the next ~37 days while also dramatically improving fleet efficiency. 2 • Two turnkey sites in Mississippi --- Recent pics on X show them installing miners in a facility last week, and I am betting these are the S21s due be installed in the 2 new turnkey sites acquired in MS. Timeline for delivery fits. Operations begin in Dec. 2024, adds 1 EH/s at 15 J/Th 3 • Improved Efficiency/margins --- Current: 31.3 EH/s and 20.89 J/Th, going over 32 at ~20 J/Th with the MS sites alone, with more to come in TN, WY, and via disclosed fleet refreshed. Volume of BTC mined is going up. Efficiency and margins improving with each new miner installed. At 37 EH/s and ~18 J/Th these numbers get much better - but let's just go with where they are now and extrapolate what the numbers for this next Q may look like - this is a sandbag. They are going to be mining more, at a better efficiency/margin: $CLSK disclosed in their Q3 report that all-in costs (energy, depreciation & financing) were less than $44K/BTC at wholly owned sites. At $98k Bitcoin, they are making ~$54k/coin profit Mining 700 coins a month • ~$38M/month • ~$113M/quarter So, with increased hash rate and margins, $40M profit a month and $120M profit a Q seems fair, if not low. 4 • HODL - balance sheet is strong --- Current HODL of 8701 is worth $857M ($98.5k BTC) Mining +700 a month and adding their balance to their HODL puts them over 10,000 BTC by the EOY.