According to BlockBeats, Bitcoin miners MARA and CleanSpark experienced revenue growth in the first quarter of this year. MARA's revenue increased by 30%, rising from $165 million last year to $214 million. CleanSpark saw a 63% increase, with quarterly revenue reaching $182 million, up from $112 million in the same period in 2024.
Despite the revenue growth, both companies reported net losses. MARA incurred a loss of $533 million, while CleanSpark reported a loss of $139 million.
