CleanSpark reports record revenue in ‘most successful’ quarter ever
CleanSpark’s results for its Q3 saw revenue reach almost $200 million, jumping 91% from the same time a year ago.
Bitcoin miner CleanSpark reported its best-ever quarterly results, with its highest-ever revenue and profitability beating analyst expectations.
CleanSpark said on Thursday that revenue for its third quarter from April to June was $198.6 million, a 91% increase from $104 million the same quarter a year ago, beating analyst expectations of about $195 million.
“This was the most successful quarter in CleanSpark’s history, and it reflects the strength of our strategy,” said CleanSpark CEO Zach Bradford.