Home BlockchainBitcoin Miners IREN and CleanSpark Slide After Earnings Misses Deepen Sector Pressure

Bitcoin Miners IREN and CleanSpark Slide After Earnings Misses Deepen Sector Pressure

by Decrypt
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Bitcoin Miners IREN and CleanSpark Slide After Earnings Misses Deepen Sector Pressure

In brief

  • IREN and CleanSpark shares fell sharply after both companies missed revenue estimates in their latest earnings reports.
  • The results landed as Bitcoin contines its slide, amplifying pressure on publicly traded miners.
  • Investors appeared focused on near-term execution and balance-sheet risk despite both companies’ push into AI infrastructure.

Publicly traded Bitcoin miners IREN and CleanSpark saw their share prices drop sharply on Thursday, as disappointing quarterly results coincided with a…

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