UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): July 26, 2024 |
CleanSpark, Inc.
(Exact name of Registrant as Specified in Its Charter)
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Nevada | 001-39187 | 87-0449945 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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10624 S. Eastern Ave. Suite A - 638 | |
Henderson, Nevada | | 89052 |
(Address of Principal Executive Offices) | | (Zip Code) |
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Registrant’s Telephone Number, Including Area Code: (702) 989-7692 |
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
| | Trading Symbol(s) | | Name of each exchange on which registered
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Common Stock, par value $0.001 per share | | CLSK | | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Wyoming Acquisition
On August 1, 2024, CleanSpark, Inc. (the "Company") announced the execution of 75 MW of power contracts and the completion of the acquisition of its first Bitcoin mining site in Wyoming. On July 26, 2024, the Company acquired a Bitcoin mining site in Cheyenne, Wyoming with an initial power capacity of 30 MW. This site is expected to add over 2 exahashes per second (EH/s) to the Company's hashrate once operational. Groundbreaking is planned to start immediately with an expected operational date prior to the end of 2024. The Company has also executed power contracts for an additional 45 MW at a second site in Wyoming, expected to contribute an additional 3 EH/s to the Company's hashrate.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BDR.
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| | | CLEANSPARK, INC. |
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Date: | August 01, 2024 | By: | /s/ Zachary Bradford |
| | | Name: Zachary Bradford Title: Chief Executive Officer |