CleanSpark reports record revenue in ‘most successful’ quarter ever

CleanSpark’s results for its Q3 saw revenues reach nearly $200 million, jumping 91% from the same time a year ago.

Bitcoin miner CleanSpark has reported its best-ever quarterly results, with its highest-ever revenue and profitability beating analyst expectations.

CleanSpark said on Thursday that its revenue for its third quarter from April to June was $198.6 million, a 91% increase from its $104 million in revenues from the same quarter a year ago, beating analyst expectations of around $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.

Read more