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Bitcoin Miner CleanSpark Beats Estimates, Posts $29 Million Loss

Bitcoin miner CleanSpark reported a net loss of $29 million for the quarter ending in December, beating analyst estimates of a $31.3 million loss.

It narrowly missed revenue estimates, posting $27.8 million, compared to the $29.5 million expected, according to analyst estimates compiled by FactSet.

The company had total assets of $487 million and liabilities of $59.8 million as of Dec. 31.

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