US EditionMARA and CleanSpark Boost Revenues but End the Quarter with Massive Losses - The Cryptocurrency Post
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MARA and CleanSpark Boost Revenues but End the Quarter with Massive Losses - The Cryptocurrency Post
TL;DR MARA and CleanSpark boosted revenues in Q1 2025, reaching $214M and $182M respectively, but both ended the quarter with net losses. The first one posted a $533M loss and the second one lost $139M, despite Bitcoin rising above $100,000 and their solid revenue growth. MARA plans to sell up to $2 billion in stock to expand its Bitcoin reserves, while CleanSpark remains fully focused on mining operations. Bitcoin mining companies MARA and Cle…
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