secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0000950170-23-029069
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark acquires two Georgia bitcoin mining campuses for $9.3M; adds ~1 EH/s
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- Paid $9.3M cash for two turnkey facilities in Dalton, GA, adding ~1 EH/s hashrate; closing expected later this week.
- Acquisition hosts over 6,000 Antminer S19 XP and S19J Pro+ miners; machines from orders previously fully paid.
- Year-end hashrate target remains 16 EH/s; transaction funded from existing cash reserves.
- CEO cites deepening rural Georgia ties; >90% of energy from low-carbon sources.
- CFO states acquisition 'almost immediately start driving revenue to bottom line' ahead of 2024 halving.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017023029069/0000950170-23-029069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017023029069/clsk-20230616.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-029069

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