CleanSpark's Q2 revenue increased by 62.5% year-on-year, with Bitcoin assets reaching nearly $1 billion

PANews
PANews|May 09, 2025 02:01
CleanSpark announced that its revenue for the second quarter of fiscal year 2025 reached $181.7 million, a year-on-year increase of 62.5%; The net loss for the same period was $138.8 million, while the profit for the same period last year was $126.7 million. Adjusted EBITDA was -57.8 million US dollars, a year-on-year shift from profit to loss. The company holds Bitcoin assets worth $980 million, with total assets of $2.7 billion, net assets of $1.9 billion, and working capital of $838 million.
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