CleanSpark Stock Slides After Revenue Drop And Bitcoin Output Update

CleanSpark reported unaudited bitcoin production of 529 coins for September and 5,432 for the year to September 30, 2026, alongside weaker fiscal Q3 results that included revenue of US$138.01 million and a net loss of US$239.84 million. The business is committing heavily to growth by entering into a 20-year triple-net data center lease tied to US$6.6 billion in contracted revenue, and issuing US$2.28 billion of senior secured notes to fund the Sandersville expansion, which puts execution and...