secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2026-05-11T20:24:23+00:00
Accession:  0001193125-26-216866
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark reports Q2 FY2026 revenue $136.4M, net loss $378.3M; Bitcoin holdings up 14% YoY
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- Revenue $136.4M, down 24.9% YoY; net loss ($378.3M) or ($1.52) per basic share.
- Adjusted EBITDA loss widened to ($241.2M) from ($57.8M) in prior year.
- Balance sheet: cash $260.3M, Bitcoin holdings $925.2M, total assets $2.9B.
- Operational: Bitcoin holdings +14% YoY, avg monthly hashrate +18% YoY.
- ERCOT approved 300 MW in Brazoria; total ERCOT capacity 585 MW under contract.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000119312526216866/0001193125-26-216866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000119312526216866/clsk-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-216866

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