MARA and CleanSpark Post $851 Million in Combined Quarterly Losses

MARA Holdings (MARA) and CleanSpark (CLSK) reported heavy losses on August 6, extending a slump across public Bitcoin (BTC) miners as falling prices triggered large non-cash valuation losses. Both firms leaned on their pivot toward artificial intelligence and data center infrastructure, joining rivals TeraWulf, Core Scientific, and Cipher in betting that compute capacity can offset The post MARA and CleanSpark Post $851 Million in Combined Quarterly Losses appeared first on BeInCrypto.