secwatch.observer — SEC 8-K summary
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Issuer:     Prairie Operating Co. (PROP)
CIK:        0001162896
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001493152-23-006719
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creek Road Miners enters hosting agreement with Atlas Power for crypto mining at $0.08/kWh
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- Two-year hosting agreement with Atlas Power for crypto miners at North Dakota facility.
- Monthly fee of $0.08/kWh for electricity; mined bitcoin transferred to Atlas-controlled wallets.
- Atlas deducts hosting fee from monthly mined currency based on Coinbase BTC closing price, remits net.
- Company grants Atlas a second-position security interest in the mining equipment.
- Agreement covers colocation, setup, operation, and management services; includes outage provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1162896/000149315223006719/0001493152-23-006719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1162896/000149315223006719/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-006719

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