PANews|Nov 26, 2025 15:09
[CleanSpark: Fiscal Year 2025 Revenue Doubles to $766 Million, Net Profit Reaches $365 Million]
According to The Block, publicly listed Bitcoin mining company CleanSpark announced that its fiscal year 2025 revenue (ending September 30) reached $766 million, a year-over-year increase of 102%, with net profit hitting $365 million, reversing last year's $146 million loss. CEO Matt Schultz stated that the company has achieved operational leverage and is shifting its energy asset strategy toward AI data center development. CleanSpark holds over 13,000 Bitcoins and completed $1.15 billion in convertible debt financing this year, with part of the funds used for stock buybacks and supporting AI infrastructure expansion.
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