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Form 8-K · Current Report · Filed 2024-04-12

CleanSpark Upgrades Bitcoin Mining Capacity by 17%

CleanSpark, Inc. has amended its agreement with Bitmain to purchase 100,000 upgraded S21 Pro servers, increasing its total hashrate by 17% to 23.4 EH/s. The new servers, more energy-efficient than the previous model, are scheduled for delivery between June and December 2024.

Filer
Cleanspark Inc. CLSK · NASDAQ
Filed
Accession
0000950170-24-043878
CIK
0000827876
Signal
Medium impactFinancial Services

Items reported

Item 1.01

Entry into a Material Definitive Agreement

New Major Contract
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 8.01

Other Events

No viable tag
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$15.87

Next session

-7.4%

Since filing

-13.5%

Latest close

$13.73

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CLSK reporting the same item, with the next session's move:

Exhibits (4)

About Cleanspark Inc.

Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.

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