June quarter gross profit vs. miner depreciation
Company: CleanSpark
The claim, verbatim
In the June quarter, CleanSpark's gross profit was $52.5 million, below its $99.9 million of miner depreciation.
Source (primary)
CleanSpark Sinks Another 17%, IREN Down 17% as Bitcoin Tumbles and AI Data Center Selloff Deepens - Yahoo Finance (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “In the June quarter, gross profit was $52.5 million, short of the $99.9 million of miner depreciation.”
How we checked this
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Additional evidence
confirms CleanSpark Sinks Another 17%, IREN Down 17% as Bitcoin Tumbles and AI Data Center Selloff Deepens - Yahoo Finance
Quote: “In the June quarter, gross profit was $52.5 million, short of the $99.9 million of miner depreciation.”