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CleanSpark misses Wall Street revenue estimates as shares sink

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.

Cointelegraph by Zoltan Vardai

Publisher Cointelegraph

Aug 7, 2026 at 9:25 AM UTC · Updated il y a 18 jours · 1 min de lecture

CleanSpark misses Wall Street revenue estimates as shares sink
Image via Cointelegraph

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bitcoin

Market Impact

BTC+0.18%$78,884

Last Updated

il y a 18 jours

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.

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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.

Bitcoin · 30-day price▲ 23.8%
$78,966$70,863$62,760
Jul 27Aug 5Aug 15Aug 25

Bitcoin moved from $63,697.1 to $78,883.5 over the last 30-day period, a gain of 23.8 percent.

Source: Kraken · NewsLayer Markets · Updated il y a quelques secondes

Magazine: How Bitcoin and gold reacted differently to the Iran war shock

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s

Editorial Policy

and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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  1. Aug 7CleanSpark misses Wall Street revenue estimates as shares sink
  2. Aug 25Best Crypto To Buy Now? Bitcoin Breaks $80K as AlphaPepe Passes $2.5M Before Tomorrow’s Major Roadmap Reveal
  3. Aug 25Bitcoin Reached Its Highest Since Mid-May As Many Factors Drove Gains
  4. Aug 25Bitcoin’s Massive Breakout: Here’s Why Analysts Say This Rally Is Different
  1. Aug 7CleanSpark misses Wall Street revenue estimates as shares sink
  2. Aug 25Best Crypto To Buy Now? Bitcoin Breaks $80K as AlphaPepe Passes $2.5M Before Tomorrow’s Major Roadmap Reveal
  3. Aug 25Bitcoin Reached Its Highest Since Mid-May As Many Factors Drove Gains
  4. Aug 25Bitcoin’s Massive Breakout: Here’s Why Analysts Say This Rally Is Different
#bitcoin#crypto#web3

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Originally reported by Cointelegraph

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