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Mining

CleanSpark Q3 Revenue Misses Estimates, Shares Slip

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Nasdaq-listed Bitcoin mining company CleanSpark reported $138 million in revenue for the third quarter of fiscal 2026. The $138 million represented a 30.5% year-over-year decrease from $198 million, according to its…

Nasdaq-listed Bitcoin miner CleanSpark reported $138 million in revenue for the third quarter of fiscal 2026, the company said in its quarterly results. That figure represented a 30.5% year-over-year decline from $198 million in the same quarter a year earlier.

For the three months ended June 30, CleanSpark recorded a net loss of $239 million, or $0.89 per basic share, compared with net income of $257 million, or $0.90 per share, in the prior-year period.

The $138 million in revenue narrowly missed analysts’ consensus of $142.2 million, based on estimates compiled by Yahoo Finance. Shares of CleanSpark fell about 5.5% on Thursday after the release, then staged a roughly 3% premarket rebound on Friday, trading above $13.10, according to Yahoo Finance data.

CleanSpark has been diversifying beyond core Bitcoin mining into AI and high-performance computing infrastructure. On July 14 the company signed a 20-year lease with an undisclosed investment-grade global technology firm for a 175-megawatt data center at its Sandersville, Georgia, campus. CleanSpark estimates the agreement could generate approximately $6.6 billion in contracted revenue over the initial term.

This report is based on the company’s published results and market data; readers are encouraged to verify details independently and consider company filings and official disclosures for the full financial picture.