At the same time, despite those great Q2 revenue stats, is CleanSpark really building a Bitcoin castle on sand? While the market celebrates the $181.7 million revenue run rate and potential to achieve 50 EH/s, I view flashing warning signs. This isn’t only about Bitcoin. It’s about the future of...
CleanSpark Inc. announced results for its fiscal year second quarter 2025, quarter ended March 31, 2025. The company's report highlights a mixture of strategic investments and financial results, reflecting its focus on expanding its position in the Bitcoin mining industry. CleanSpark puts a focus on disciplined, accretive growth within the...
CleanSpark just released their Q2 2025 results and the topline definitely shouts success. $181.7 million in revenue? That's a 62.5% jump year-over-year. But hold off on popping the champagne just yet—let’s pump the brakes. The devil, as always, is in the details. There is still a considerable net loss of...
CleanSpark, one of the Bitcoin mining industry’s strong, forward-looking players, recently released its Q2 numbers. The findings reveal a confusing and contradictory fiscal landscape. The company pulled in a staggering $181 million in revenue. It experienced an impressive net loss of $138 million. Investors and industry observers have started to...
