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Bitcoin Miner Cleanspark Posts $378M Loss in Q2 – #CryptoUpdatesGNIT
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Bitcoin Miner Cleanspark Posts $378M Loss in Q2 – #CryptoUpdatesGNIT
Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings.A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter.CEO Matt Schultz targets AI/HPC commercialization as Cleanspark doubled MW under contract with 585 MW of ERCOT capacity. Cleanspark Posts $378M Loss in Q2 as Bitcoin Fair Value Swing Hits Results Cleanspark’s (Nasdaq: …
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