Bitcoin mining company CleanSpark announced its financial results for fiscal year 2025, reporting a revenue of $766.3 million, marking a 102% increase from the previous year. The company achieved a net profit of $364.5 million, reversing a $146 million loss from the prior year. Adjusted EBITDA reached $823.4 million. CleanSpark also completed a $1.15 billion 0% convertible bond financing to expand its power and land assets, aiming to transition towards a comprehensive computing platform for AI and Bitcoin. As of the end of September, CleanSpark held $1.2 billion in Bitcoin, approximately 13,011 BTC, and $1 billion in working capital.
CleanSpark Reports $766.3 Million Revenue in FY 2025, Achieves Profitability
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