Your Position Home Flash News

CleanSpark reports fourth quarter 2024 revenue of $162.3 million

GuShiio.com learned that Bitcoin mining company CleanSpark announced revenue of US$162.3 million for the fourth quarter of 2024, quarterly net income of US$241.7 million, adjusted EBITDA of US$321.6 million, and the marginal cost of each bitcoin of its own mining fell by 6% to approximately US$34,000. As of December 31, 2024, CleanSpark’s total assets were US$2.8 billion, including US$929.1 million in Bitcoin, total liabilities were US$757.7 million, shareholders ‘equity was US$2 billion, and working capital was US$1.2 billion.

read the original

Popular Articles