PANews reported on May 9 that CleanSpark announced that its revenue for the second quarter of fiscal year 2025 ending March 31 reached $181.7 million, a year-on-year increase of 62.5%; its net loss for the same period was $138.8 million, compared with a profit of $126.7 million in the same period last year. Adjusted EBITDA was -$57.8 million, a year-on-year change from profit to loss. The company holds Bitcoin assets worth $980 million, total assets of $2.7 billion, net assets of $1.9 billion, and working capital of $838 million.
CleanSpark's quarterly revenue increased by 62.5% year-on-year, and its Bitcoin assets are close to $1 billion
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