According to Foresight News, listed Bitcoin mining company CleanSpark released its third-quarter financial report, with revenue of US$104.1 million in the third quarter, an increase of US$58.6 million from the same period last year, an increase of 129%.

CleanSpark reported a net loss of $236.2 million in the third quarter, compared with a loss of $14.1 million in the same period last year. CleanSpark mined 1,583 bitcoins in the third quarter.

As of June 30, CleanSpark had $129.2 million in cash, $413 million in Bitcoin, $598.8 million in total current assets, and $625.8 million in total mining assets on its balance sheet.

As of June 30, 2024, the company had working capital of $531.9 million and debt of $11 million.