Cash payment for ASIC equipment within 15 days
Company: CleanSpark
What the later record shows
Outcome not yet confirmed
The FY2023 cash flow statement shows payments for the Mawson acquisition but does not break out the $9.48 million ASIC payment or when it was made.
“Acquisition of Coinmaker LLC ( 9,389 ) — Acquisition of Mawson ( 22,518 ) ( 3,400 )”
2023-11-30 · CleanSpark 10-K filed 2023-12-01 View cached copy (2026-08-31)Live source ↗
Checked October 11, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
CleanSpark agreed to pay $9.48 million in cash for ASICs within 15 days of closing (by October 23, 2022)
Source (primary)
CleanSpark 8-K filed 2022-10-11 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “agreed to pay up to $9.48 million in cash within 15 days of Closing”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The filing describes the ASIC payment as up to $9.48 million, a maximum, while the claim presents it as a fixed amount. The 15-day deadline is accurate.
Confirmed in the source:
- CleanSpark's subsidiary acquired 6,468 ASIC miners at closing
- Payment for the ASICs was due in cash within 15 days of the October 8, 2022 closing, which is October 23, 2022
- The ASIC payment was capped at $9.48 million
We could not confirm this from the cited source:
- That CleanSpark agreed to pay a fixed $9.48 million for the ASICs; the filing says 'up to $9.48 million'
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017022019412/clsk-20221008.htm) in full (12,436 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2022-10-11
Quote: “agreed to pay up to $9.48 million in cash within 15 days of Closing”