CleanSpark Misses Wall Street Revenue Estimates as Shares Sink
CleanSpark’s shares fell 5.5% after the Bitcoin miner reported $138 million in fiscal third-quarter revenue, narrowly missing Wall Street’s consensus estimate.
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CleanSpark’s shares fell 5.5% after the Bitcoin miner reported $138 million in fiscal third-quarter revenue, narrowly missing Wall Street’s consensus estimate.
CleanSpark Misses Wall Street Revenue Estimates as Shares Sink
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Written by
Zoltan Vardai
staff writer
Reviewed by
Yohan Yun
staff editor
Written by
Zoltan Vardai
staff writer
Reviewed by
Yohan Yun
staff editor
CleanSpark misses Wall Street revenue estimates as shares sink
Latest News
Published
Aug 7, 2026
CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate.
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 quarterly
results
published on Thursday.
CleanSpark also reported a net loss of $239 million, or $0.89 per basic share, for the three months ended on June 30, compared with $257 million in net income, or $0.90 per share, for the same period last year.
The revenue narrowly missed analysts’ consensus estimate of $142.2 million, according to analyst
estimates
compiled by Yahoo Finance.
CleanSpark’s shares fell 5.5% on Thursday, but staged a 3% pre-market recovery on Friday to trade above $13.10, Yahoo Finance
data
showed.
CleanSpark is among the companies that have expanded beyond their core Bitcoin (BTC) mining operations into AI and high-performance computing infrastructure.
On July 14,
CleanSpark signed a
20-year data center lease with an undisclosed investment-grade global technology company for a 175-megawatt data center at its Sandersville, Georgia, campus. The company estimated the deal would generate $6.6 billion in contracted revenue over the initial term.
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