Record Revenue and Hash Rate Growth
CleanSpark achieved record revenues of $766 million for the fiscal year 2025, with a gross margin of 55%. The operational hash rate reached 50 exahash per second, fully U.S.-based.
Bitcoin Treasury Growth
The company's Bitcoin treasury grew by nearly 62% to over 13,000 Bitcoins, generated entirely from its own hash rate, demonstrating effective capital stewardship.
AI Data Center Development
CleanSpark secured a 285-megawatt site in Texas with the intent of building an AI factory and has multiple sites ready for AI and HPC deployments.
Innovative Financial Strategies
Completion of a $1.15 billion upsized 0% convertible note with a 27.5% conversion premium and a six-year term, along with a $460 million stock buyback.
Strong EBITDA and Net Income
Achieved adjusted EBITDA of over $800 million and a positive net income of approximately $365 million, driven by increased margins and the fair value of Bitcoin.