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via Cointelegraph · By Cointelegraph Staff
CleanSpark Posts $378M Fiscal Q2 Loss as Bitcoin Price Drop Bites
BTC
BTC/USDT
$62,977.99
-0.29%
$62,977.99
-0.29%
(24s)24h Volume
$3,282,905,691.70
24h H/L
$63,390.00 / $62,754.00
Change: $636.00 (1.01%)
Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate
+0.0028%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:08 AM UTC)
1 min read
Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a sharp drop in Bitcoin’s price.
On Monday, the Las Vegas-based miner disclosed the results for the quarter ended March 31, 2026. It reported a $224.1 million loss tied to the fair value of its Bitcoin…
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