CleanSpark reports $239M quarterly loss as revenue falls 30.5%, misses estimates
CleanSpark reports $239M quarterly loss as revenue falls 30.5%, misses estimates
CleanSpark reported a $239 million quarterly net loss as revenue fell 30.5% year over year.Quarterly revenue came in at $138 million, missing analysts’ estimates compiled by Yahoo Finance.The company signed a 20 year lease expected to generate $6.6 billion from its Georgia AI data center.CleanSpark continued expanding its AI infrastructure while maintaining its Bitcoin mining operations.