{"id":598014,"date":"2026-05-12T10:52:43","date_gmt":"2026-05-12T10:52:43","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/12\/cleanspark-shares-slide-after-reporting-378m-fiscal-second-quarter-loss\/"},"modified":"2026-05-12T10:52:43","modified_gmt":"2026-05-12T10:52:43","slug":"cleanspark-shares-slide-after-reporting-378m-fiscal-second-quarter-loss","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/12\/cleanspark-shares-slide-after-reporting-378m-fiscal-second-quarter-loss\/","title":{"rendered":"CleanSpark shares slide after reporting $378M fiscal second quarter loss"},"content":{"rendered":"

\"CleanSpark<\/p>\n

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.<\/p>\n

Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a sharp drop in Bitcoin\u2019s price.<\/p>\n

On Monday, the Las Vegas-based miner disclosed<\/a> the results for the quarter ended March 31, 2026. It reported a $224.1 million loss tied to the fair value of its Bitcoin holdings, accounting for nearly 60% of the total quarterly loss. The company held $925.2 million worth of BTC at quarter\u2019s end.<\/p>\n

It reported a fiscal second-quarter net loss of $1.52 per basic share, widening from a loss of $0.49 a year earlier. Revenue for the quarter ended March 31 was $136.4 million, down from $181.7 million a year earlier.<\/em><\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines. Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a […]<\/p>\n","protected":false},"author":1,"featured_media":598015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-598014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/598014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=598014"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/598014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/598015"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=598014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=598014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=598014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}