CleanSpark: Revenue doubles to $766 million in fiscal year 2025, with net profit reaching $365 million.
listed Bitcoin mining company CleanSpark announced revenue of $766 million for fiscal year 2025 (ending September 30), a year-on-year increase of 102%, with a net profit of $365 million, reversing last year's loss of $146 million. CEO Matt Schultz stated that the company has achieved operational leverage and is shifting its energy asset layout towards AI data center development. CleanSpark holds over 13,000 bitcoins and completed $1.15 billion convertible bond financing during the year, with part of the funds used for stock repurchases and supporting AI infrastructure expansion.
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