---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020504"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:33:13.639162+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CleanSpark Q2 revenue $42.5M, mined 1,871 bitcoin (+109% YoY); net loss $(18.5)M, Adj EBITDA $12.7M

## Summary
- Revenue $42.5M (+14% YoY, +53% sequential); mined 1,871 bitcoin (+109% YoY).
- GAAP net loss $(18.5)M vs $(0.2)M loss prior year; Adjusted EBITDA $12.7M vs $19.6M prior year.
- Cash $10.3M, bitcoin $5.3M; total debt $17.6M, paid down $1.9M in Q2.
- CEO targets 16 EH/s by year-end; 99% of miners acquired or in transit, mostly Bitmain XPs.

## SEC filing metadata
- accession: 0000950170-23-020504
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017023020504/0000950170-23-020504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017023020504/clsk-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020504
- JSON: https://secwatch.observer/filing/0000950170-23-020504.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020504.txt

## Key facts
- Earnings Releases
  CLEANSPARK, INC. reported second quarter FY2023 results: revenue $42.5 million, net income $(18.5) million.
  - Period: second quarter FY2023
  - Revenue: $42.5 million
  - Net income: $(18.5) million
  - Result: reported results
  source text: CleanSpark Reports Second Quarter FY2023 Financial Results Second quarter revenue of $42.5 million, GAAP net loss of $(18.5) million and Adjusted EBITDA of $12.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/827876/000095017023020504/0000950170-23-020504-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
