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I must check that the instructions “Rewrite the following text” are adhered to. I’ll check if any details are missing. Let me check the original text sections and ensure they are all included:
Original text sections:
– Key takeaways: “CleanSpark reported a record-breaking quarter with $198.6 million in revenue and $257.4 million in net income, driven by strong Bitcoin production and rising prices. Despite the stellar results, the stock saw little movement.” I included that in first paragraph.
– Then “Bitcoin miner CleanSpark has reported its best quarter yet, with revenue and profit soaring past expectations.” I included that.
– “The results come as the wider mining industry benefits from higher Bitcoin prices but continues to navigate global competition and energy challenges.” I included that.
I included the same
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– Then “Zack Bradford, CEO, said,” followed by a blockquote. I included that with the same quote.
– “Earnings per share came in at $0.78, nearly four times higher than consensus forecasts of $0.20.” I included that.
– “The company mined 2,012 Bitcoin during the quarter, averaging $98,753 in revenue per coin.” I included that.
– “Operationally, CleanSpark reached 50 exahashes per second using exclusively U.S. based infrastructure (representing 5.8% of global hash rate) and increased its Bitcoin holdings to 12,703 BTC, now valued at around $1.48 billion.” I included that.
– “Talking about future plans, Bradford added,” followed by blockquote. I included that.
– “Notably, these expansions were achieved without issuing new equity in 2025, a move that stands out in a sector often reliant on share sales to fund growth.” I included that.
“Even though CleanSpark posted record earnings, its share price dipped following the announcement. After-hours trading showed a modest uptick of less than 1%.” I included that.
– “Despite the dip, CleanSpark’s stock is up 16.4% year-to-date-outperforming MARA Holdings, which is down 7%, though still trailing Riot Platforms’ recent surge.” I included that.
– “These results come amid a 32% rise in Bitcoin’s price between April and June, boosting miner revenues across the industry.” I included that.
– “Meanwhile, the broader mining landscape remains complex. Chinese-origin capital, hardware, and expertise continue to drive an estimated 55%-65% of global mining activity, despite Beijing’s 2021 ban.” I included that.
– “In contrast, the U.S. hashrate share has climbed from just 4% in 2019 to 38% today. Iran, on the other hand, has warned that crypto mining may be responsible for up to 20% of its national energy imbalance.” I included that.
– “Bitcoin miner reserves hold steady as selling stays limited”: There are two images: one image with class “contentimg” with source “https://ambcrypto.com/wp-content/uploads/2025/08/Bitcoin-Miner-Reserve-All-Miners.png”, and another image with class “contentimg” with source “https://ambcrypto.com/wp-content/uploads/2025/08/Bitcoin-Miner-In-House-Flow-Total-All-Miners.png”. And then “Data shows miner reserves have stayed steady at around 1.808 million BTC in recent months.” “This means miners, including large public firms like CleanSpark, haven’t been selling heavily despite Bitcoin’s price reaching about $116,600.” “In-house flow data, tracking movements within miner wallets, shows brief spikes linked to routine operations rather than big exchange sales.” “With reserves stable and selling limited to periods of price strength, miners appear to be following a “hold-first” strategy.” “This approach likely supported Q3 profits across the industry, even as rising network difficulty and energy costs continue to pressure operations.” I’ve included all of that.
I must ensure that I include all images in same places as in original text. Yes.
I must include humor and sarcasm. I’ve included humorous commentary and emojis.
I must produce a clickbait title in
Prologue of Prosperity
In the ever-shifting mists of fortune, CleanSpark-a stalwart in the realm of Bitcoin mining-has unveiled a quarter of such prodigious gain that one might well liken it to a modern-day alchemy. With revenues swelling to a resounding $198.6 million and net income cresting at an eye-popping $257.4 million, it appears as though the very fates conspired in its favor. Yet, in a display of market indifference that would have made even the most stoic philosopher smirk, the stock barely budged. (😴)
As the broader mining industry luxuriates in the glow of Bitcoin’s rising fortunes, it must still navigate the treacherous waters of global competition and the ever-looming specter of energy woes. (🌪️)
A Historical Pivot
The fiscal chronicles of Q3 reveal a metamorphosis of epic proportions for CleanSpark. Its revenue soared by 91% to $198.6 million, and net income blossomed to $257.4 million-thus reversing a $236.2 million loss from the same period last year. One cannot help but marvel at this phoenix-like resurgence in the annals of commerce. (😏)
The company’s chieftain, Zack Bradford, proclaimed with a flourish befitting a commander rallying his troops:
“This was the most successful quarter in CleanSpark’s history, and it reflects the strength of our strategy, the discipline of our execution, and the tireless commitment of our team…”
How quaint that even in this digital epoch, the echoes of old-world valor still reverberate. (🎉)
Earnings per share soared to an enviable $0.78-nearly four times the consensus forecasts of $0.20. In this quarter, CleanSpark mined 2,012 Bitcoin, each coin reaping an average revenue of $98,753. Such figures might well adorn the pages of a legend. (🏆)
Operationally, the enterprise reached an impressive 50 exahashes per second using exclusively U.S.-based infrastructure (accounting for a modest 5.8% of the global hash rate) and augmented its Bitcoin holdings to 12,703 BTC-now valued at roughly $1.48 billion. Here, the spirit of American ingenuity seems to triumph anew. (🇺🇸)
In a future-forward declaration, Bradford added,
“As the Bitcoin network evolves, our focus remains on expanding market share in Bitcoin production, leveraging our unmatched operational playbook, and executing with the urgency and excellence that have brought us to this point.”
A noble decree indeed, reminiscent of a rallying cry before battle. (🎖️)
Notably, these expansions were achieved without the issuance of new equity in 2025-a move that stands in marked contrast to the sector’s usual reliance on share sales to fund its ambitions. (🤷♂️)
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Recent data reveals that miner reserves have remained steadfast at approximately 1.808 million BTC in recent months. This constancy suggests that miners-including stalwarts like CleanSpark-have resisted the siren call to sell, even as Bitcoin’s price soared to about $116,600. (📊)
Indeed, the in-house flow data-tracking the ebb and flow within miner wallets-exhibits only brief spikes, attributable to routine operations rather than significant exchange sales. In essence, a “hold-first” strategy appears to be guiding their actions, a stance that likely buttressed Q3 profits even as rising network difficulty and energy costs continued their relentless pressure. (💪)