CleanSpark has unveiled its Q2 2025 financial results, revealing a robust revenue surge to $181.7 million, representing a significant jump of 62.5% compared to the same period last year. Despite this positive revenue development, the company reported a substantial net loss of $138.8 million during this quarter, contrasting sharply with a profit of $126.7 million in the previous fiscal year. The adjusted EBITDA also fell into the red at -$57.8 million, indicating a shift from profitability to financial losses year-over-year. The company’s Bitcoin holdings, valued at $980 million, further bolster its total assets of $2.7 billion, alongside a net asset value of $1.9 billion and a robust working capital reserve of $838 million.