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Gasifier improvement investment

Company: CleanSpark

Subject kind
financing
Statement date
2021-05-05
Promised amount
500000.0 USD
Current status
stated

The claim, verbatim

Anticipated investment of approximately $500,000 to complete gasifier testing and development improvements

Source (primary)

CleanSpark 10-Q filed 2021-05-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “We anticipate that the investment to complete these improvements would be approximately $500,000”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The 10-Q says a white paper based on third-party testing suggested improvements for commercialization, and that the company anticipates these improvements would cost approximately $500,000. It adds that a further extended test run would be needed after the improvements.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357721000230/clsk10q.htm) in full (168,615 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark 10-Q filed 2021-05-06

Quote: “We anticipate that the investment to complete these improvements would be approximately $500,000”

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