General business plan execution financing
Company: CleanSpark
What the later record shows
Outcome not yet confirmed
This is a statement of a financing need, not a deliverable. No passage reports whether CleanSpark raised at least $500,000 between December 2016 and December 2017.
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Needs at least $500,000 over next 12 months to execute business plans
Source (primary)
CleanSpark 10-K filed 2016-12-30 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “anticipate the need for at least $500,000 in financing over the next twelve months to execute on our business plans”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The 10-K states the company anticipates the need for at least $500,000 in financing over the next twelve months to execute on its business plans. Elsewhere the same filing cites a larger $3,000,000 to $4,000,000 total financing need, which does not contradict this minimum.
Confirmed in the source:
- CleanSpark stated it anticipated needing at least $500,000 in financing over the next twelve months to execute on its business plans
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357716000436/mainbody.htm) in full (178,833 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-K filed 2016-12-30
Quote: “anticipate the need for at least $500,000 in financing over the next twelve months to execute on our business plans”