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Home›Crypto›Bitcoin›MARA and CleanSpark report steep revenue declines amid…

MARA and CleanSpark report steep revenue declines amid AI pivot

Reported · Written up by our desk · Bitcoin

Bitcoin mining companies MARA and CleanSpark posted major revenue drops as their AI infrastructure push continued, according to The Block.

MARA reported a net loss of $611.3 million, or $1.60 per diluted share, alongside a double-digit decline in revenue.

CleanSpark recorded a net loss of $239.8 million, or $0.89 per basic share, while also seeing its revenue fall by double digits.

The results add to pressure on miner profitability as they shift focus toward AI-related infrastructure rather than only traditional crypto mining.

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Sources

The BlockBitcoin miners MARA and CleanSpark post double-digital revenue drops as AI infrastructure pivot continues

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