CLEANSPARK, INC. reported the quarter ended March 31, 2026 results: revenue $136.4 million, net income ($378.3 million), EPS ($1.52) per basic share.
“Quarterly revenues were $136.4 million, a decrease of $45.3 million, or 24.9%, from $181.7 million for the same prior fiscal quarter.”
Equity Issuances
CLEANSPARK, INC. issued preferred stock for special dividend of $17.1428571428571 per share.
“calculated as 2% of the Company’s earnings before interest, taxes and amortization, has been eliminated; (ii) the Series A Holders are entitled to a one-time special dividend of $17.1428571428571 per share of Series A Preferred outstanding and are otherwise not entitled to further dividends (the “Special Final Preferred Dividend”); (iii) (A) all shares of Series A”
Governance Changes
CLEANSPARK, INC.: Amended and Restated Certificate of Designation of Series A Preferred Stock to eliminate quarterly dividend, provide one-time special dividend, modify voting rights, and add conversion upon change of control (effective 2026-03-20).
“On March 20, 2026, CleanSpark, Inc. (the “Company”) filed a First Amended and Restated Certificate of Designation of Series A Preferred Stock (the “Amended and Restated CoD”) with the office of the Nevada Secretary of State, which became effective on such date.”
Equity Issuances
CLEANSPARK, INC. issued convertible note to Initial Purchasers for aggregate principal amount $1,150,000,000.
“institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of notes sold in the offering was $1,150,000,000. The notes are senior unsecured obligations of the Company and are not guaranteed by any of the Company's subsidiaries. The notes were issued at a price equal to 100% of their”
Debt Financings
CLEANSPARK, INC. incurred convertible notes of $1,150,000,000 with Cantor Fitzgerald & Co. at 0.00% maturing February 15, 2032.
“institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of notes sold in the offering was $1,150,000,000. The notes are senior unsecured obligations of the Company and are not guaranteed by any of the Company's subsidiaries. The notes were issued at a price equal to 100% of their”
Governance Changes
CLEANSPARK, INC.: Adopted updated and revised code of business conduct and ethics with revisions to compliance, proprietary information, conflicts of interest, trade controls, anti-money laundering, and gifts, plus administrative changes (effective 2025-09-26).
“On September 26, 2025, the Board adopted an updated and revised code of business conduct and ethics (the “Code”). The Code applies to all directors, officers, and employees of the Company.”
Governance Changes
CLEANSPARK, INC.: Adopted Second Amended and Restated Bylaws, eliminating stockholder ability to call special meetings and act by written consent, revising advance notice provisions, eliminating certain inspection rights, clarifying board authority to set its size, deleting limitations on board committee delegation, (effective 2025-09-26).
“On September 26, 2025, the Board of Directors (the “Board”) of CleanSpark, Inc. (the “Company”) adopted and approved an amendment and restatement of the Company’s Amended and Restated Bylaws (as amended and restated, the “Second Amended and Restated Bylaws”) that became effective immediately.”
Debt Financings
CLEANSPARK, INC. amended credit facility of $200 million with Coinbase Credit, Inc..
“(the “Company”) entered into an amended Master Loan Agreement (the “Agreement”) with Coinbase Credit, Inc. (the “Lender”) and Coinbase, Inc., as the lending service provider (together, the “Parties”), the original of which was executed on August 7, 2024.”
Governance Changes
CLEANSPARK, INC.: Increased authorized shares of Common Stock from 300,000,000 to 600,000,000 (effective 2024-10-28).
“The Charter Amendment increased the number of shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), authorized for issuance under the Articles of Incorporation from 300,000,000 shares to 600,000,000 shares.”
Brian Carson was appointed as Chief Accounting Officer at CLEANSPARK, INC..
“Effective October 1, 2024, Brian Carson has been appointed as the new Chief Accounting Officer of CleanSpark, Inc.”
Material Agreements
CLEANSPARK, INC. entered into Wyoming Agreement with the Seller valued at $18,750,000 (effective 2024-05-08).
“On May 8, 2024, CSRE Properties Wyoming, LLC, a Wyoming limited liability company ("Wyoming Buyer"), a wholly-owned subsidiary of CleanSpark, Inc., a Nevada corporation (the "Company"), entered into a Real Property Purchase Agreement (the "Wyoming Agreement") with the Seller, pursuant to which the Wyoming Buyer agreed to purchase approximately seventeen (17) acres of real property (the "Wyoming Property") located in Wyoming.”
Earnings Releases
CLEANSPARK, INC. reported the three months ended March 31, 2024 results: revenue $111.8 million, net income $126.7 million, EPS $0.59 basic income per share.
“The Company increased its quarterly revenues to $111.8 million, an increase of $69.3 million, or 163% from $42.5 million for the same prior year period. • Net income for the three months ended March 31, 2024, was $126.7 million or $0.59 basic income per share compared to a loss of ($18.5) million or ($0.23) loss per share for the same prior year period.”
Taylor Monnig was appointed as Chief Technology Officer at CLEANSPARK, INC..
“Effective May 7, 2024, Taylor Monnig has been appointed as the new Chief Technology Officer of the Company.”
Scott Garrison was appointed as Chief Operating Officer at CLEANSPARK, INC..
“Effective May 7, 2024, Scott Garrison has been appointed as the new Chief Operating Officer of CleanSpark, inc.”
Material Agreements
CLEANSPARK, INC. entered into Supplemental Agreement with Bitmain Technologies Delaware Limited valued at $374,400,000 (effective 2024-04-11).
“On April 11, 2024, CleanSpark, Inc., a Nevada corporation (the "Company"), entered into a Supplemental Agreement (the "Supplemental Agreement") with Bitmain Technologies Delaware Limited ("Bitmain"), amending certain terms of the Future Sales and Purchase Agreement dated January 6, 2024 (the "Original Agreement").”
Material Agreements
CLEANSPARK, INC. amended Amendment No. 1 to the At the Market Offering Agreement with H.C. Wainwright & Co., LLC valued at up to $800,000,000 (effective 2024-03-28).
“On March 28, 2024, the Company entered into Amendment No. 1 to the At the Market Offering Agreement with the Agent (the “ATM Agreement Amendment” and, together with the Original ATM Agreement, the “ATM Agreement”). Under the ATM Agreement, the Company may, but has no obligation to, following the filing date of the Prospectus Supplement (as defined below), issue and sell up to the lesser number of shares (the “Shares”) of the Company’s Common Stock, that does not exceed (a) $800,000,000 of shares of Common Stock”
Shareholder Votes
CLEANSPARK, INC. shareholders approved To ratify the appointment of MaloneBailey, LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2024. at the 2024-03-11 meeting.
“Proposal No. 2 : To ratify the appointment of MaloneBailey, LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2024. The votes were cast for this matter as follows: Votes For Votes Against Votes Abstained 190,899,252 577,135 960,831”
Shareholder Votes
CLEANSPARK, INC. shareholders approved To elect six directors to hold office until the next annual meeting of stockholders of the Company or until their successors are duly elected and qualified, subject to prior death, resignation, or removal. at the 2024-03-11 meeting.
“Proposal No. 1 : To elect six directors to hold office until the next annual meeting of stockholders of the Company or until their successors are duly elected and qualified, subject to prior death, resignation, or removal. Each nominee was elected. The votes were cast for this matter as follows: Nominees Votes For Votes Withheld Broker Non-Votes Zachary Bradford 141,587,040 526,871 50,323,307 S. Matthew Schultz 136,114,207 5,999,704 50,323,307 Larry McNeill 101,185,078 40,928,833 50,323,307 Dr. Thomas Wood 124,193,889 17,920,022 50,323,307 Roger Beynon 141,425,715 688,196 50,323,307 Amanda Cavaleri 138,311,827 3,802,084 50,323,307”
Earnings Releases
CLEANSPARK, INC. reported the three months ended December 31, 2023 results: revenue $73.8 million, net income $25.9 million, EPS $0.14 basic income per share.
“set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 CleanSpark Reports First Quarter FY2024 Financial Results FY2024 First Quarter Revenue of $73.8 million, net income of $25.9 million and Adjusted EBITDA of $69.1 million Revenue grows 165% year over year Current hashrate surpasses 12.5 EH/s LAS VEGAS—CleanSpark, Inc. (Nasdaq: CLSK)”
Material Agreements
CLEANSPARK, INC. entered into Real Property Purchase and Sale Agreement with Makerstar Capital, Inc. valued at $10,000,000 (effective 2024-02-05).
“On February 5, 2024, CSRE Properties Mississippi, LLC, a Mississippi limited liability company (the “Mississippi Buyer”), a wholly-owned subsidiary of the Company, entered into a Real Property Purchase and Sale Agreement with Makerstar Capital, Inc. (the “PSA Seller”) pursuant to which the Buyer agreed to purchase from the PSA Seller: (i) approximately 5 acres of real property (the “Meridian Property”) located in Meridian, Lauderdale County, Mississippi, (ii) approximately 5 acres of real property (the “Vicksburg Property”) located in Vicksburg, Warren County, Mississippi and (iii) approximately 9 acres of real property (the “Wiggins Property” and, together with the Meridian Property and the Vicksburg Property, the “Mississippi Property”) located in Wiggins, Stone County, Mississippi and purchase from the PSA Seller all improvements, fixtures and personal property situated on the Mississippi Property (altogether, the “Mississippi PSA”).”
Material Agreements
CLEANSPARK, INC. entered into Construction Management Services Agreement with Makerstar Capital, Inc. valued at $3,435,000 (effective 2024-02-02).
“In connection with the Dalton Buyer’s entry into the Dalton Agreements, the Dalton Buyer also entered into a Construction Management Services Agreement dated February 2, 2024 (the “CMSA”) with the PSA Seller, pursuant to which the Dalton Buyer has engaged the PSA Seller to manage the completion of the construction of a 15 megawatt data center facility on the Dalton Property (the “Project”) for aggregate consideration of $3,435,000, payable in three installments commencing within 30 days of the completion of the Project.”
Material Agreements
CLEANSPARK, INC. entered into Purchase and Sale Agreement with Makerstar Capital, Inc. valued at $3,435,000 (effective 2024-02-02).
“Also on February 2, 2024, the Dalton Buyer entered into a Purchase and Sale Agreement (the “Dalton PSA” and, together with the Dalton MIPA, the “Dalton Agreements”) with Makerstar Capital, Inc., a Delaware corporation (the “PSA Seller” and, together with the Dalton MIPA Seller, the “Dalton Sellers”), pursuant to which the Dalton Buyer agreed to purchase from the PSA Seller approximately two (2) acres of real property (the “Dalton Property”) located in Dalton, Whitfield County, Georgia and purchase from the PSA Seller all improvements, fixtures and personal property situated on the Dalton Property.”
Material Agreements
CLEANSPARK, INC. entered into Membership Interest Purchase Agreement with Eyas Investment Group Limited valued at $9,800,000 (effective 2024-02-05).
“On February 2, 2024, CSRE Properties Dalton, LLC (“Dalton Buyer”), a wholly-owned subsidiary of CleanSpark, Inc., a Nevada corporation (the "Company"), entered into a Membership Interest Purchase Agreement (the "Dalton MIPA") with Eyas Investment Group Limited (formerly known as Coinmaker Miners Limited), a British Virgin Islands business company (the "Dalton MIPA Seller"), pursuant to which the Dalton Buyer agreed to purchase a one hundred percent (100%) membership interest in Dalton15, LLC, a Georgia limited liability company, from the Dalton MIPA Seller.”
Material Agreements
CLEANSPARK, INC. entered into Agreement with Bitmain Technologies Delaware Limited valued at $193 million (effective 2024-01-06).
“On January 6, 2024, CleanSpark, Inc., a Nevada corporation (the "Company"), entered into an agreement with Bitmain Technologies Delaware Limited (the "Agreement") to purchase up to 160,000 Bitmain S21 miners, which is equal to 32 exahashes per second (EH/s). The delivery of the mining machines is expected to begin in April 2024. The agreement allows for the purchase of 60,000 miners for a net purchase price of $193 million (after application of coupons) for a net cost of $16.10 per terahash.”
Earnings Releases
CLEANSPARK, INC. reported fiscal year ended September 30, 2023 results: revenue $168.4 million, net income $(136.6) million.
“of which was incurred in the fourth quarter, a byproduct of our bitcoin balance increasing over 300% between the quarters.” Financial Highlights of Fiscal Year 2023 Financial Results for the Fiscal Year Ended September 30, 2023 • Revenues for the year grew to $168.4 million, an increase of $36.9 million, or 28%, from $131.5 million in the prior year.”
Material Agreements
CLEANSPARK, INC. entered into Sales and Purchase Agreement with BITMAIN TECHNOLOGIES DELAWARE LIMITED (effective 2023-10-06).
“On October 6, 2023, CleanSpark, Inc., a Nevada corporation (the "Company"), executed an agreement to purchase 4.4 exahashes per second (EH/s) of the recently announced Antminer S21 bitcoin mining machines”
Earnings Releases
CLEANSPARK, INC. reported third quarter FY2023 results: revenue $45.5 million, net income $(14.2) million.
“CleanSpark Reports Third Quarter FY2023 Financial Results; Announces 16 EH/s Expansion Fully Funded Achieved record revenue for the quarter of $45.5 million, net loss of $(14.2) million and Adjusted EBITDA of $13.3 million”
Material Agreements
CLEANSPARK, INC. entered into Membership Interest Purchase Agreement with Coinmaker Miners Limited and Makerstar Capital, Inc. (effective 2023-06-16).
“On June 16, 2023, CleanSpark, Inc., a Nevada corporation (the "Company"), entered into a Membership Interest Purchase Agreement (the "Agreement") with Coinmaker Miners Limited, a British Virgin Islands business company ("Coinmaker"), and Makerstar Capital, Inc., a Delaware Corporation ("Makerstar" and, together with Coinmaker, the "Sellers"), pursuant to which the Company agreed to purchase one hundred percent (100%) membership interest in Coinmaker Miners, LLC, a Georgia limited liability company, from the Sellers.”
Material Agreements
CLEANSPARK, INC. entered into Future Sales and Purchase Agreement with Bitmain Technologies Delaware Limited valued at 12,500 S19 XP mining machines for $40,537,000 (effective 2023-05-26).
“On May 26, 2023, CleanSpark, Inc., a Nevada corporation (the "Company"), purchased 12,500 S19 XP mining machines for a purchase price of $40,537,000. The mining machines are scheduled for deliveries in June and August 2023. The purchase was made pursuant to the terms of a Future Sales and Purchase Agreement entered into by and between the Company and Bitmain Technologies Delaware Limited on May 26, 2023 (the "Agreement").”
Earnings Releases
CLEANSPARK, INC. reported second quarter FY2023 results: revenue $42.5 million, net income $(18.5) million.
“CleanSpark Reports Second Quarter FY2023 Financial Results Second quarter revenue of $42.5 million, GAAP net loss of $(18.5) million and Adjusted EBITDA of $12.7 million”
Material Agreements
CLEANSPARK, INC. entered into Future Sales and Purchase Agreement with Bitmain Technologies Delaware Limited valued at $144,900,000 (effective 2023-04-06).
“On April 6, 2023, CleanSpark, Inc., a Nevada corporation (the "Company"), purchased 45,000 XP mining machines for a purchase price of $144,900,000, subject to a price reduction after the use of coupons. The mining machines are scheduled for deliveries in August and September 2023. The purchase was made pursuant to the terms of a Future Sales and Purchase Agreement entered into by and between the Company and Bitmain Technologies Delaware Limited on April 6, 2023 (the "Agreement").”
Governance Changes
CLEANSPARK, INC.: Increased authorized shares of common stock from 100,000,000 to 300,000,000 (effective 2023-03-08).
“The Charter Amendment increased the number of shares of Common Stock authorized for issuance under the Current Articles from 100,000,000 shares to 300,000,000 shares.”
Material Agreements
CLEANSPARK, INC. entered into Sales and Purchase Agreement with Crypt Solutions, Inc. valued at 20,000 S19j Pro+ mining machines for $43,560,000 (effective 2023-02-15).
“On February 15, 2023, CleanSpark, Inc., a Nevada corporation (the "Company"), purchased 20,000 S19j Pro+ mining machines for a purchase price of $43,560,000.”
Earnings Releases
CLEANSPARK, INC. reported first quarter ended December 31, 2022 results: revenue $27.8 million, net income $(29.0) million.
“set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 CleanSpark Reports First Quarter FY2023 Financial Results First quarter revenue of $27.8 million, net GAAP loss of $(29.0) million and Adjusted EBITDA of ($1.4) million; Mined 1,531 Bitcoin, a 132% increase over same prior year period LAS VEGAS, FEBRUARY 9, 2023 --”
Material Agreements
CLEANSPARK, INC. amended Amendment No. 1 to the At the Market Offering Agreement with H.C. Wainwright & Co., LLC valued at $500,000,000 (effective 2022-12-14).
“On December 14, 2022, the Company entered into Amendment No. 1 to the At the Market Offering Agreement with the Agent (the “ATM Agreement Amendment” and, together with the Original ATM Agreement, the “ATM Agreement”). Under the ATM Agreement, the Company may, but has no obligation to, issue and sell up to the lesser number of shares (the “Shares”) of the Company’s Common Stock, that does not exceed (a) $500,000,000 of shares of Common Stock, exclusive of any amounts previously sold under the Original ATM Agreement,”
Amanda Cavaleri was appointed as director at CLEANSPARK, INC..
“On November 30, 2022, the Board of Directors (the “Board”) of CleanSpark, Inc. (the “Company”) appointed Amanda Cavaleri to serve as a director of the Company, effective immediately.”
Gary A. Vecchiarelli was appointed as Chief Financial Officer at CLEANSPARK, INC..
“Effective December 15, 2021, Gary A. Vecchiarelli has been appointed as the Company’s new Chief Financial Officer.”
Lori Love departed as Chief Financial Officer at CLEANSPARK, INC..
“Effective December 14, 2021, Lori Love will no longer serve as the Chief Financial Officer of CleanSpark, Inc., a Nevada corporation (the “Company”).”
Amanda Kabak changed role as Chief Technology Officer at CLEANSPARK, INC..
“Effective October 29, 2021, as part of an internal realignment of roles and duties stemming from the Company’s focus on its non-energy segments’ significant growth, Amanda Kabak, the Chief Technology Officer of CleanSpark, Inc., a Nevada corporation (the “Company”), stepped down from her role as Chief Technology Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.