CleanSpark CEO: Bitcoin Expected to Approach $200,000 Within the Next 18 Months
CleanSpark CEO Zach Bradford, in an interview with Bernstein, stated that he expects Bitcoin to reach a peak close to $200,000 within the next 18 months. Bradford also highlighted that Bitcoin-focused miners are currently undervalued and suggested that Bitcoin’s price could rise after the U.S. presidential election. Since June 2023, CleanSpark has held 97% of its mined Bitcoin, with current holdings nearing 8,000 BTC.