Mining servers purchase financing
Company: CleanSpark
What the later record shows
Outcome not yet confirmed
No passage addresses the remaining installment payments on the approximately $32,993,400 server agreement. The aggregate 'Payments on miners' figures cannot be tied to this agreement.
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
Company agreed to pay approximately $32,993,400 for mining servers, with $21,180,100.50 paid upon execution and remainder in monthly installments through June 2022
Source (primary)
CleanSpark 8-K filed 2021-10-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company agreed to pay the Supplier up to an aggregate of approximately $32,993,400, of which, $21,180,100.50 was paid upon execution of the Agreements, and the remainder of which will be paid in monthly installments through June 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states each element of the payment terms. The filing describes the roughly $32,993,400 total as a maximum ('up to'), not a fixed price.
Confirmed in the source:
- CleanSpark agreed to pay the Supplier approximately $32,993,400 in aggregate for the mining servers (stated in the filing as an 'up to' amount)
- $21,180,100.50 was paid upon execution of the agreement
- The remainder is to be paid in monthly installments through June 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000188608621000002/clsk8k.htm) in full (7,897 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2021-10-12
Quote: “the Company agreed to pay the Supplier up to an aggregate of approximately $32,993,400, of which, $21,180,100.50 was paid upon execution of the Agreements, and the remainder of which will be paid in monthly installments through June 2022”