CleanSpark reports $766M revenue for FY 2025, 43% increase in contracted power

CleanSpark (NSADAQ: CLSK) reported $766.3 million in revenue for the 2025 fiscal year, more than double the prior year, as the company expanded its bitcoin mining capacity and secured new financing, according to a company statement released Tuesday. CleanSpark grew its bitcoin mining operations to 50 EH/s over the year, up from 27.6 EH/s at the end of the fiscal year 2024. The company reported net income of $346.5 million, or $1.25 per share, compared with a net loss of $145.8 million, or $0.69 per share, ...