secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2025-11-25T23:59:59+00:00
Accession:  0001193125-25-297163
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark FY2025 revenue $766.3M (+102% YoY), net income $364.5M vs loss, $1.15B 0% convertible
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- Revenue $766.3M, up 102% YoY from $379M; net income $364.5M ($1.25 basic EPS) vs ($145.8M) loss prior year.
- Adjusted EBITDA $823.4M (from $245.8M); operational hashrate surpassed 50 EH/s.
- Bitcoin holdings $1.2B; total assets $3.2B; working capital $1B.
- Closed $1.15B 0% convertible transaction to expand power and land portfolio for AI infrastructure.
- Contracted power grew 43% YoY; company positioning to optimize AI and bitcoin workloads.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000119312525297163/0001193125-25-297163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000119312525297163/clsk-20251125.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-297163

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