News list for " net margin"

All of CleanSpark's outstanding balances at Coinbase and Two Prime were settled in November, and the company still has about $400 million of its committed credit lines outstanding. CleanSpark's repayment highlights how the recent decline in bitcoin hashrate prices, which are currently hovering around $35/PH/s, has squeezed the profitability of the entire industry. Even with the company's low cash hashrate costs, its net profit margin is close to break-even after the recent correction in bitcoin ...

2025-11-26 15:21:49