I'd like to talk about our strategy around holding more Bitcoin on our balance sheet. I'm also pleased to report that we are entering the new year with the strongest balance sheet in our history.Īs of this call, we have almost $170 million in liquidity, in cash and Bitcoin Holdings. We mined that Bitcoin with an average gross margin of 42%. We've kept pace with the Bitcoin's network soaring hashrate and the results of our efforts were a record 6,902 Bitcoin mine for the first fiscal year, almost doubling what we mined last year. But for now, let me emphasize that this growth is a testament to our team's hard work and the strategic investments, we've made in our technology and infrastructure. Our fleet-wide efficiency is now 26.4 joules per terahash, and we expect to continue to see sustained improvements in our efficiency with Sandersville coming online in the next few months. What's more? Our hashrate is among the most efficient among publicly traded miners, thanks to one of the most advanced fleets in the industry. Our hashrate has more than doubled since I spoke with you 1 year ago during our last fiscal year earnings call. A level reached only by a select few in our industry. In fact, we've achieved a remarkable milestone this year, by surpassing a total hashrate of 10 exahashes per second.

Highlighting our commitment to not just growing, but also scaling efficiently. Operationally, our hashrate growth year-over-year has been exceptional. We believe that its utility as a payment system, investment opportunity and savings tool for the middle class, will continue to grow as more and more people take part in this next stage in the evolution of money.

Like analysts across the traditional financial industry, we are bullish on Bitcoin. For example, during the last month, we posted our first single day revenue of almost $1 million. We expect to continue to follow this trajectory, and we are optimistic about revenue growth next year, even as we prepare for the halving. We posted revenue of over $168 million, a 28% increase over the last fiscal year. It was a record-breaking year for us financially and operationally. We've not only met but exceeded many of our strategic aims, and I'm proud to share these accomplishments with you. This past fiscal year has been one of substantial growth and success for CleanSpark. It's a pleasure to be here with you all today. And with that, it is my pleasure to turn the call over to Zach. You can find the reconciliation of non-GAAP financial measures in our press release, which is available on our website. We will also discuss certain non-GAAP financial measures, concerning our performance during today's call. The statement and information provided remains subject to the risk factors disclosed in our most recently filed Annual Report. Keep in mind that some of the statements we make today are forward-looking and based on our best view of the world and our businesses, as we see them today. I'm here with Zach Bradford, our Chief Executive Officer and Gary Vecchiarelli, our Chief Financial Officer. Today's call is also being webcast, and a replay and transcript will be available on our website. Our press release was issued about 30 minutes ago and is available on our website at So we expect to file our Form 10-K tomorrow. Isaac Holyoak : Thank you, Krista, and thank you for joining us today for our Fiscal Full Year Financial Results Call, covering the period October 1, 2022, through September 30, 2023.

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