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State: 09.05.2025 | 10PM
Thu, 06.02.2025       CleanSpark
US18452B2097

$162.3M quarterly revenue, up 120% from prior year

$241.7M quarterly net income and basic EPS of $0.85

Marginal cost per coin decreases 6% to ~$34,000 at owned facilities

LAS VEGAS, Feb. 6, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended December 31, 2024.

"This quarter we saw the impact of continuous improvements across what we believe to be the most important industry metrics: operating hashrate, fleet efficiency, marginal cost to mine, bitcoin treasury, and portfolio uptime," said CleanSpark CEO Zach Bradford. "We exceeded 2024 guidance and surpassed 40 EH/s in January, while driving fleet efficiency down to 16.15 J/Th," Bradford said. "CleanSpark delivered $162.3 million in revenue at a marginal cost to mine of approximately $34,000 per bitcoin for the quarter."  

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