Bitcoin miners MARA and CleanSpark post double-digital revenue drops as AI infrastructure pivot continues

MARA's net loss widened to $611.3 million, or $1.60 per diluted share, while CleanSpark’s was $239.8 million, or $0.89 per basic share.
Coins in this story
Discussion
Related stories

“We Need Clarity,” Says Former New York Governor Andrew Cuomo
Bitcoin Magazine “We Need Clarity,” Says Former New York Governor Andrew Cuomo The ex-New York governor hinted that Democrats were playing politics with the Clarity Act. This post “We Need Clarity,” Says Former New York Governor Andrew Cuomo first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment
All 133 MW is live, but the revenue figure is Q3 guidance and does not yet offset the Q2 loss. The post Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment appeared first on CryptoSlate.

Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App
Bitcoin Magazine Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App Breez’s new open-source Glow PWA turns Bitcoin into everyday money. Users send stablecoins from their BTC balance via Spark, log in with Passkeys, and keep full self-custody. This post Breez Announces Glow, an Open Source…