secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0000950170-23-020504
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017023020504/0000950170-23-020504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017023020504/clsk-20230510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-020504

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