$BTC

Bitcoin mining giant's astonishing performance in the first quarter! Revenue surges but net losses worsen, market response polarized!

The two major Bitcoin mining companies, MARA and CleanSpark, announced their performance for the first quarter of 2025: significant revenue growth, but net losses have sharply escalated! 💥

CleanSpark's revenue increased by 63%, while MARA also rose by 30%. Both companies are seizing the opportunity presented by the soaring Bitcoin prices to expand their businesses, with MARA planning to increase its Bitcoin reserves by issuing $2 billion in stock. However, despite the losses, they remain optimistic about their future strategies and emphasize improved operational efficiency.