Jim Cramer Says Sell: IREN & CleanSpark News!
Description
We track a wild 24 hours where ETF demand dwarfs mining supply, UK policy shifts add legal clarity, and miner strategies split between pure Bitcoin efficiency and HPC expansion. CleanSpark posts a nuanced production update as IREN retools its capital stack for long-term growth.
• Vanguard ETF flows translating into massive Bitcoin purchases • Shortage dynamics from issuance versus demand
• UK recognition of crypto as property and US market structure momentum
• CleanSpark efficiency, production, power additions, and sales strategy
• IREN share offering, higher-price convertibles, and capped call design
• HPC capex realities and why miners pivot to data center-grade compute
• ABTC unlock impact on float and liquidity
• Media takes versus fundamental financing needs
• How difficulty and global hashrate reshape monthly outputs
Like the video, subscribe to McNallie Money, and tell us in the comments if you hold IRIN or CleanSpark and how you feel about the sector
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