Jim Cramer Says Sell: IREN & CleanSpark News!

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

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