Bitmain equipment procurement
Company: CleanSpark
The claim, verbatim
In April and May 2025, company executed agreements with Bitmain Technologies to acquire new-generation miners with options to pay in bitcoin and to repurchase transferred bitcoin
Source (primary)
CleanSpark 10-K filed 2025-11-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In April and May 2025, we executed agreements with Bitmain Technologies Delaware Limited ("Bitmain")... to acquire new-generation miners under terms that allowed payment in bitcoin at negotiated premiums to prevailing market prices. As part of these transactions, we secured embedded options to repurchase the transferred bitcoin at the same premium prices”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms CleanSpark 10-K filed 2025-11-25
Quote: “In April and May 2025, we executed agreements with Bitmain Technologies Delaware Limited ("Bitmain")... to acquire new-generation miners under terms that allowed payment in bitcoin at negotiated premiums to prevailing market prices. As part of these transactions, we secured embedded options to repurchase the transferred bitcoin at the same premium prices”