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Key Takeaways Shares of CleanSpark climbed around 14% on Thursday. CleanSpark reported a 102% annual revenue increase, reaching $766 million for fiscal year 2025. Share this article CleanSpark stock soared nearly 14% to close Thursday at $13.45, outperforming most crypto stocks after the company reported a tremendous increase in its fiscal year 2025 revenue, reaching … Read more
Key Takeaways US Treasury Secretary Scott Bessent reportedly discussed plans for the government to continue accumulating Bitcoin during a private meeting with industry executives. The US currently holds about $17 billion in Bitcoin and does not plan to sell it, Bessent reiterated. Share this article US Treasury Secretary Scott Bessent discussed the government’s Bitcoin holdings … Read more
CleanSpark’s Bitcoin treasury ballooned to 13,011 BTC as its mining operations achieved a record 50 EH/s, a dual milestone that underscores its simultaneous growth in both asset accumulation and raw computational power. Summary CleanSpark grew its Bitcoin treasury to 13,011 BTC while hitting 50 EH/s. September output reached 629 BTC, averaging 21 BTC per day. … Read more
Key Takeaways CleanSpark has secured a $100 million credit line from Coinbase Prime, leveraging its Bitcoin assets as collateral. The new credit facility provides non-dilutive financing, allowing CleanSpark to raise capital without issuing new shares. Share this article CleanSpark, a US-based sustainable Bitcoin mining company, secured a $100 million credit facility from Coinbase Prime, an … Read more
CleanSpark is pushing back against U.S. Customs’ claim that it owes $185 million in retroactive tariffs for allegedly importing Chinese-made Bitcoin miners in 2024. The dispute comes amid the company’s record-breaking earnings. Summary CleanSpark faces a potential $185 million tariff dispute from U.S. Customs over alleged Chinese origin of Bitcoin miners imported in 2024. The … Read more
Mike Colonnese, senior crypto analyst at H.C. Wainwright & Co., reiterated CleanSpark as the firm’s top pick following the company’s first-quarter earnings report. Bitcoin mining company CleanSpark reported its first-quarter results on Thursday, posting an 82% quarter-over-quarter increase in revenue to $162.3 million. The company benefited from a 33% rise in Bitcoin (BTC) production and … Read more
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