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There is a massive push by Pharma right now to kill peptide use and specifically go after compounding pharmacies. Based on some of the research I have seen, peptides have some pretty incredible medical properties and are doing wonders for people. At any rate, Pharma has a tendency to tip the scales on anything that could potentially cost them revenue. I want to raise this issue for everyone so that you can get involved.
Q3 results are in and here are the highlights:
- We’re growing fast and efficient. Revenue is up 49% year over year. Adjusted EBITDA is up 53%. Increasing confidence we can meet and surpass 2030 targets of $6.5B and $1.3B in Adj. EBITDA.
- Growth is becoming more diversified. Hims is growing 40% yoy excluding the generic PRN business we are shifting away from. Hers is growing high double/triple digits toward north of $1B in revenue next year.
– The best offerings in healthcare are coming to the table given the scale of our consumer platform. From advanced diagnostics to early stage biotech. We’re leaning in hard here to curate the best, at affordable prices.
– As we scale, we’re passing savings back to the consumer. We started the year with ~400,000 sq ft. of verticalized facilities, and expect to end the year at north of 1 million, with consumers as the true beneficiaries of our expanding scale. Gold standard infrastructure + FDA registered facilities & GreenList suppliers for GLP-1s = real wins for consumers.
– New categories like Testosterone and Menopause expected to be growth drivers next year. Great early signals and product market fit. Now we’re focused on optimizing the engines.
- Comprehensive lab testing is on track to launch by year end at a fraction of the cost that this level of advanced testing can run today. Hundreds, not thousands. Over time we’ll verticalize further this lab infrastructure to bring the cost as low as possible.
– Longevity is going live next year. Expected to eventually include peptides, coenzymes, GLP/GIP, supplements and tracking. If the rich and famous have access to these levels of cutting edge precision therapies, we want you to have it also. Our California facilities are in full-motion onshoring R&D for core peptides.
– International is on deck. Canada will be live soon, and we’re in active conversations with the leading generics manufacturers for when semaglutide will be available in Canada and Brazil in generic form in 2026. Continuing investments in the UK & Germany, and looking at other international markets like Australia & other Latin American and Asian markets.
Our goal hasn’t changed: help the world feel great.
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Read more here: https://t.co/mrSFqeDJkg
Important info here: https://t.co/4D1M6FOGC0
Starship’s tenth flight test took a significant step forward in developing the world’s first fully reusable launch vehicle.
Next up: Flight 11 of Starship is targeted to launch as early as Monday, October 13 → https://t.co/YmvmGZUsXW
@penny_ether@BkSteeb Excuse me, I want to know how to calculate the 31066 of SG&A(cash) here. IMO, SG&A (cash) = Professional Feeds+Payroll Expenses (exclude SBC)+general and administrative expenses = 3885+17874+10054 = 31786. What information have I missed?
In October 2024, $CLSK mined 655 #bitcoin, a 32% increase from the prior month.
More highlights here 💫✨ :
*Month-end operating #hashrate: 31.3 EH/s
*Deployed fleet: 196,032
*Average fleet efficiency: 20.89 J/Th
*Average bitcoin mined daily: 21.14
*Total #BTC holdings: 8,701
"October was another remarkable operational month in the books for CleanSpark. We also finalized the acquisition of GRIID Infrastructure Inc., adding more talented people to our team and a pipeline powered by the Tennessee Valley Authority (TVA) that we expect will take us to more than 400 MW in the state. There are just a few short months remaining in the calendar year, but we have a handful of projects under construction that we expect to come online and hashing before the start of 2025," said CleanSpark CEO @ZachKBradford.
Read the full press release with additional updates: https://t.co/qbkuaoMONb
30 and thriving! 🌻🌻🌻
We've achieved the incredible milestone of 30 EH/s in operational #hashrate, a 200% increase since October 2023, through significant organic growth paired with turn-key acquisitions and the execution of a fleet upgrade.
Our efficiency was improved during the same period by nearly 20% and we boosted the number of operational machines by 112%. This has allowed us to increase computing power and produce more #bitcoin while consuming less energy and allowing for more hashrate to be generated with fewer machines.
We expect to surpass 37 EH/s before the end of 2024 and intend to continue our growth to 50 EH/s and beyond in 2025. Additional hashrate is anticipated to come online due to the expected acquisition closing of @griid this month. CleanSpark is one of the largest owned-and-operated publicly traded bitcoin miners in North America and has a portfolio of sites located in Georgia, Mississippi, Wyoming and Tennessee.
"Reaching 30 EH/s positions us as one of the largest bitcoin miners in the world. We have added more operational hashrate than any other miner in 2024. The results we continue to deliver demonstrate our commitment and ability to scale rapidly and with capital efficiency," said @ZachKBradford, $CLSK CEO. "Our team's agility, effectiveness and relentless grit has been paramount to the success of CleanSpark. Our efforts to time the market and lock in industry-best pricing on rigs and sites positioned us to take advantage of the opportunities in the market. During this period of rapid expansion of our operations, we have also grown our bitcoin treasury to over 8,049 bitcoin. Since October 2021, we have significantly increased our computing power year over year by quadrupling in 2022, nearly doubling in 2023 and tripling our hashrate in 2024."
Press release here: https://t.co/YuO0xZlH9u
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