In an interview with Bernstein, CleanSpark CEO Zach Bradford stated that he expects Bitcoin to reach a peak close to $200,000 within the next 18 months. Bradford also pointed out that miners focused on Bitcoin are currently undervalued and believes that the price of Bitcoin may rise after the U.S. election. Since June 2023, CleanSpark has held 97% of its mined Bitcoins, currently holding nearly 8,000 BTC.