Cleanspark Posts record revenues in the best quarter ever star-news.press/wp

Bitcoin Miner Cleanspark has informed its best quarterly results, with its revenue and the expected expectations.

Cleanspark He said On Thursday, its revenues for the third quarter from April to June reached 198.6 million dollars, an increase of 91 % over its revenues of $ 104 million from the same quarter a year ago, overcoming analysts Expectations From about 195 million dollars.

“This was the most successful neighborhood in the history of Cleanspark, and reflects the strength of our strategy,” said Zac Bradford, CEO of Cleanspark.

The company also told a net quarterly income of $ 257.4 million compared to a loss of 236.2 million dollars in the previous year. Its reduced profits for the share amounted to 78 cents, which are the expectations of analysts, which exceeded about 20 cents per share.

“The fiscal year Q3 was a pivotal quarter for Cleanspark, as we funded the full operating expenses through the monthly Bitcoin production with the expansion of the Bitcoin treasury simultaneously.”

The first company to reach a teacher of a teacher

Cleanspark also claimed to be the first public mining company to achieve 50 Exhashes in the second in the United States and has 5.8 % of global retail under management.

“We have reached 50 EH/S of operational retail in June, and it became the first public company to do so exclusively with the American infrastructure,” Bradford said.

The company has expanded Bitcoin (BTC) to more than a billion dollars in value, without the need to raise the capital through stock offers in 2025.

Cleanspark currently owns 12,703 BTC at a value of about $ 1.48 billion at current market prices, making it the ninth largest bitcoin in public companies.

The results fail to attract investors

The shares in Cleanspark (CLSK) ended the trading on Thursday with a decrease of more than 2.5 % to $ 10.72 and only saw a light bump after hours that cool down to a profit less than 1 %.

The shares in Crypto Miner have gained 16.4 % since the beginning of 2025, as it was better than the leader of the Mara Holdings, who decreased more than 7 % this year.

Related to: IRN rises by 11 % after Bitcoin mining more than Mara in July

A large quarter of Bitcoin miners workers

Bitcoin mining companies had a quarter of the abundant, due primarily to the asset estimation of 32 % in value during this period.

In late July, Mara Holdings defeated analysts’ expectations in its profits in the second quarter, as its revenues increased by 64 % on an annual basis to $ 238 million.

Meanwhile, riot platforms have been recorded for a record of $ 219.5 million in net income for this period.

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