Bitcoin Miner Cleanspark Posts $378M Loss in Q2
May 12, 2026
Cleanspark reported a $378.3 million net loss for its second fiscal quarter ended March 31, 2026, as a $224.1 million non-cash loss on bitcoin fair value weighed heavily on results even as the company expanded its hashrate and power capacity.
Key Takeaways
Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings.
A $224.1M non-cash Bitcoin fair…