Contingent payments for power expansion
Company: CleanSpark - Project: Wyoming Property
The claim, verbatim
Contingent payments of up to $13,750,000 may be triggered if CleanSpark adds an additional 55 megawatts of power under contract within 180 days from closing
Source (primary)
CleanSpark 8-K filed 2024-05-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “contingent payments of up to $13,750,000 may be triggered based on adding an additional 55 megawatts of power under contract within 180 days from the closing date”
How we checked this
Checked on September 18, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms the amount, the 55 MW trigger and the 180-day window. It does not say which party would add the power.
Confirmed in the source:
- Contingent payments of up to $13,750,000 may be triggered
- The trigger is adding an additional 55 megawatts of power under contract
- The addition must occur within 180 days from the closing date
We could not confirm this from the cited source:
- That CleanSpark is the party that would add the additional 55 megawatts of power
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/827876/000095017024056937/clsk-20240508.htm) in full (4,960 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2024-05-09
Quote: “contingent payments of up to $13,750,000 may be triggered based on adding an additional 55 megawatts of power under contract within 180 days from the closing date”