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Washington, GA asset acquisition

Company: CleanSpark

Subject kind
acquisition
Statement date
2022-08-09
Promised amount
25091610.0 USD
Current status
stated

The claim, verbatim

On August 5, 2022, entered definitive agreement to purchase assets for $25,091,610 including 27 acres of real property in Washington, GA, related electrical infrastructure, and mining equipment with approximately 341 petahash computing power

Source (primary)

CleanSpark 10-Q filed 2022-08-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “on August 5, 2022, the Company entered into a definitive agreement (the "Transaction") to purchase certain assets for total consideration of $25,091,610, including cash, assumption of a real estate mortgage and a seller issued note payable. The assets acquired include 27 acres of real property and related electrical infrastructure... The Transaction also included mining machines with computing power of approximately 341 petahash.”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The 10-Q's MD&A and subsequent-events note establish the August 5, 2022 agreement, the $25,091,610 consideration, the 27 acres in Washington, GA with electrical infrastructure, and the mining machines of approximately 341 petahash.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017022016238/clsk-20220630.htm) in full (197,673 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark 10-Q filed 2022-08-10

Quote: “on August 5, 2022, the Company entered into a definitive agreement (the "Transaction") to purchase certain assets for total consideration of $25,091,610, including cash, assumption of a real estate mortgage and a seller issued note payable. The assets acquired include 27 acres of real property and related electrical infrastructure... The Transaction also included mining machines with computing power of approximately 341 petahash.”

View cached copy (2026-09-13)Live source ↗