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This Bitcoin miner’s revenue jumps 120% YoY, mines BTC at $34K

A.R.T Digital Team
Bitcoin Mining

CleanSpark's Q1 revenue surged 120% year-over-year to $162.3 million, with Bitcoin mining costs at $34,000 per BTC


Bitcoin miner CleanSpark has set the tone for 2025 with a blockbuster earnings report, shattering estimates.


The company posted revenue of $162.3 million, marking a 120% year-over-year increase, and reported earnings per share (EPS) of $0.83, drastically outperforming the expected $0.17.


This massive beat sent CleanSpark's stock up 5.49% in after-hours trading as investors rallied behind its strong operational momentum.


Source : The Street


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