Nasdaq-listed Bitcoin mining firm CleanSpark reported $138 million in income for the third quarter of fiscal 2026.
The $138 million represented a 30.5% year-over-year lower from $198 million, in keeping with its quarterly outcomes printed on Thursday.
CleanSpark additionally reported a internet lack of $239 million, or $0.89 per primary share, for the three months ended on June 30, in contrast with $257 million in internet revenue, or $0.90 per share, for a similar interval final yr.
The income narrowly missed analysts’ consensus estimate of $142.2 million, in keeping with analyst estimates compiled by Yahoo Finance.
CleanSpark’s shares fell 5.5% on Thursday, however staged a 3% pre-market restoration on Friday to commerce above $13.10, Yahoo Finance knowledge confirmed.
CleanSpark is among the many corporations which have expanded past their core Bitcoin (BTC) mining operations into AI and high-performance computing infrastructure.
On July 14, CleanSpark signed a 20-year knowledge heart lease with an undisclosed investment-grade international expertise firm for a 175-megawatt knowledge heart at its Sandersville, Georgia, campus. The corporate estimated the deal would generate $6.6 billion in contracted income over the preliminary time period.
