secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2023-04-11T23:59:59+00:00
Accession:  0000950170-23-012376
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark purchases 45,000 Antminer S19 XP miners for $144.9M, doubling capacity
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- Purchase of 45,000 Antminer S19 XP units for $144.9M, deliveries in August and September 2023.
- Adds over 6.3 EH/s, increasing current hashrate (6.7 EH/s) by 95%.
- Total machines on hand or under contract now ~15.9 EH/s, nearing 16 EH/s year-end target.
- Machines to be deployed at Sandersville, GA facility undergoing 150MW expansion.
- Deal follows Feb 2023 purchase of 20,000 machines; capital management strategy cited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017023012376/0000950170-23-012376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017023012376/clsk-20230406.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-012376

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer