---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-025545"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T10:02:19.386191+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CleanSpark buys 12,500 S19 XP miners for $40.5M; total hashrate to exceed 16 EH/s guidance

## Summary
- Purchase of 12,500 Antminer S19 XP for $40.5M ($23/TH); adds 1.76 EH/s total hashrate.
- Delivery schedule: 6,000 units in June, 6,500 units in August 2023.
- Total hashrate (deployed + under contract) exceeds year-end target of 16 EH/s.
- Machines rated at 21.5 J/TH; CEO cites optionality to replace older units consuming >30 J/TH.
- First half (6,650 machines) fully funded and paid; CFO expects higher margins post-halving.

## SEC filing metadata
- accession: 0000950170-23-025545
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017023025545/0000950170-23-025545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017023025545/clsk-20230526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-025545
- JSON: https://secwatch.observer/filing/0000950170-23-025545.json
- Plain text: https://secwatch.observer/filing/0000950170-23-025545.txt

## Key facts
- Material Agreements
  CLEANSPARK, INC. entered into Future Sales and Purchase Agreement with Bitmain Technologies Delaware Limited valued at 12,500 S19 XP mining machines for $40,537,000 (effective 2023-05-26).
  - Action: entry
  - Counterparty: Bitmain Technologies Delaware Limited
  - Value: 12,500 S19 XP mining machines for $40,537,000
  - Effective: 2023-05-26
  source text: On May 26, 2023, CleanSpark, Inc., a Nevada corporation (the "Company"), purchased 12,500 S19 XP mining machines for a purchase price of $40,537,000. The mining machines are scheduled for deliveries in June and August 2023. The purchase was made pursuant to the terms of a Future Sales and Purchase Agreement entered into by and between the Company and Bitmain Technologies Delaware Limited on May 26, 2023 (the "Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/827876/000095017023025545/0000950170-23-025545-index.htm

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