Option fee $32M, expires December 31, 2024
Company: CleanSpark
What the later record shows
Outcome not yet confirmed
No passage mentions the $32 million call option, its payment, its exercise, or its expiry.
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 must pay $32 million for call option, exercisable by December 31, 2024
Source (primary)
CleanSpark 8-K filed 2024-01-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The agreement requires the Company to pay $32 million for the option, which expires on December 31, 2024, and is exercisable at the Company's discretion.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing states that the agreement requires CleanSpark to pay $32 million for the option, which expires on December 31, 2024. It also refers to this as the call option under the agreement.
Confirmed in the source:
- CleanSpark is required to pay $32 million for the option under its Bitmain agreement
- The option is a call option to purchase up to an additional 100,000 S21 miners
- The option expires on December 31, 2024, so it is exercisable until that date
- The option is exercisable at the Company's discretion
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017024002739/clsk-20240108.htm) in full (8,140 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2024-01-08
Quote: “The agreement requires the Company to pay $32 million for the option, which expires on December 31, 2024, and is exercisable at the Company's discretion.”