– Revenue of $42 million, down 16% Q/Q and up 17% Y/Y –
– Gross mining margin of 51%, compared to 64% in Q1 2024 and 48% in Q2 2023 –
– Current hashrate of 11.1 EH/s, up from 6.5 EH/s in Q1 2024 –
– Current efficiency of 25 w/TH, a 26% improvement from Q1 2024 –
– On track to achieve guidance of 21 EH/s and 21 w/TH in 2024 –
– Increased MW capacity by 220 MW, bringing total to 648 and supporting over 35 EH/s in 2025 –
– Special Committee concludes strategic alternatives review process –

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