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CleanSpark reports $162.3 million in quarterly revenue: 'Why buy bitcoin at current prices when we can mine it for $34,000?'
CleanSpark generated revenue of $162.3 million in the fourth quarter of 2024, up 120% year-over-year.The Bitcoin miner reported net income of $246.8 million and adjusted EBITDA of $321.6 million for Q4 — also up significantly from the same period in 2023.
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It is reported that Alibaba invested $1 billion in DeepSeek
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