Financial PerformanceRevenues increased by 82% driven by higher average BTC prices and a significant increase in BTC production.
Operational EfficiencyCleanSpark achieved a 42% increase in deployed hash rate, a 20% improvement in fleet efficiency, and a 6% reduction in direct production costs per coin.
ValuationCleanspark is trading at the largest discount in its peer group on an enterprise value to EBITDA basis, suggesting potential for valuation improvement.