Coupon-based financing reducing mining equipment purchase price
Company: CleanSpark
The claim, verbatim
The company plans to use approximately $9,500,000 in coupons and acquire approximately an additional $3,500,000 in coupons at 50% discount, reducing the purchase price to approximately $30,000,000
Source (primary)
CleanSpark 8-K filed 2023-02-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the use of approximately $9,500,000 in coupons and the plan to acquire approximately an additional $3,500,000 in coupons, at a fifty percent (50%) discount, to reduce the purchase price to approximately $30,000,000”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the coupon amounts, the 50% discount, and the reduced price of approximately $30 million.
Confirmed in the source:
- Use of approximately $9,500,000 in coupons
- Plan to acquire approximately an additional $3,500,000 in coupons at 50% discount
- This reduces the purchase price to approximately $30,000,000
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017023002970/clsk-20230215.htm) in full (7,931 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2023-02-16
Quote: “the use of approximately $9,500,000 in coupons and the plan to acquire approximately an additional $3,500,000 in coupons, at a fifty percent (50%) discount, to reduce the purchase price to approximately $30,000,000”