CleanSpark Announces 10% Increase in BTC Mined for May
From Cointelegraph
June 3, 2025 5:30 PM:
CleanSpark’s Bitcoin mining production increased over 9% in May, reaching 694 coins and a 45.6 exahash rate. The company now holds 12,502 BTC, double from last year. Shares rose 6.5% on June 3. Revenue for Q2 2024 was $182 million, up 62.5%, but net loss was $139 million.
Competitors like MARA and Riot Platforms also saw growth in production. MARA mined 950 Bitcoin in May, up 34.8%, while Riot Platforms mined 514 Bitcoin, up 11%. Both companies experienced an increase in their share prices recently. MARA’s shares are up 8% and Riot Platform’s are up 6.5%.
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