secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2024-12-02T23:59:59+00:00
Accession:  0000950170-24-132247
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark FY 2024 revenue up 125% to $378.9M; adjusted EBITDA $245.8M
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- Revenue $378.9M, up 125% YoY from $168.4M; net loss ($145.8M) or ($0.69)/share.
- Adjusted EBITDA $245.8M, up from $25.0M prior year; produced ~7,100 BTC despite halving.
- Current hashrate 33.5 EH/s, on track for 37 EH/s by year-end and 50 EH/s in 2025.
- Total assets $2.0B, working capital $517.5M; bitcoin holdings 8,049 BTC valued at $509.5M.
- Added 423 MW to operating portfolio (now 726 MW) via M&A and organic growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017024132247/0000950170-24-132247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017024132247/clsk-20241202.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-132247

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