Mining companies IREN and CleanSpark both reported revenues below expectations, causing their stock prices to plummet.

According to ME News, on February 6th (UTC+8), the latest financial reports from publicly traded Bitcoin mining companies IREN and CleanSpark both missed revenue expectations, causing their stock prices to plummet. IREN reported revenue of $184.7 million for the quarter ending December 31, 2025, down from $240.3 million in the previous quarter. The company reported a net loss of $155.4 million, compared to a net profit of $384.6 million in the previous quarter. CleanSpark also reported lower-than-expected quarterly results. The company reported revenue of $181.2 million for the quarter ending December 31, 2025, higher than the same period last year, but a net loss of $378.7 million, compared to a net profit in the same period last year. CleanSpark's stock price closed down $1.95, a drop of approximately 19%, and traded at $7.55 in after-hours trading. IREN's stock price fell $5.11, a drop of 11%, and traded at $32.42 in after-hours trading. (Source: ME)