CleanSpark Q3 revenue $104.1M (+129% YoY); net loss $236.2M on non-cash impairment

CLEANSPARK, INC.

Revenue $104.1M (up 129% vs $45.5M prior year); mined 1,583 bitcoin despite halving.
Net loss ($236.2)M or ($1.03) per share; includes non-cash impairment on miner fleet.
Adjusted EBITDA ($12.7)M vs $13.3M prior year; gross margins strong post-halving.
Bitcoin holdings valued at $413M; entered $50M revolving credit line with Coinbase.
Current hashrate exceeds 22 EH/s; expanding to Tennessee and Wyoming.

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