CleanSpark's second-quarter revenue increased 62.5% year-on-year, and its Bitcoin assets reached nearly $1 billion

CleanSpark reported revenue of $181.7 million in the second quarter of fiscal year 2025, up 62.5% year-on-year; 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.