Every material Form 8-K CleanSpark filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
CleanSpark's subsidiary CSDC Finance I, LLC closed a private offering of $2.276 billion in 7.875% senior secured notes due October 1, 2031, priced at 98.500% of principal. Proceeds are intended to finance the remaining cost of the Sandersville Facility, a Georgia data center, reimburse prior equity contributions, and fund debt service reserves. The notes are secured obligations of the issuer, and CleanSpark has agreed to a completion guarantee for the facility if funding falls short.
Principal of $2,276.0 million sold at 98.500% of par, with interest of 7.875% per year paid semiannually from April 1, 2027
Notes mature October 1, 2031; issuer may redeem on or after October 1, 2028, with a make-whole premium before that date
Indenture limits additional debt, dividends, asset sales and affiliate transactions; change of control triggers an offer to repurchase at 101% of principal
CleanSpark will provide a completion guarantee for the Sandersville Facility, funding the issuer if proceeds and prior equity contributions are insufficient
CleanSpark reported results for the fiscal third quarter ended June 30, 2026, with revenue of $138.0 million, down 30.5% from a year earlier, and a net loss of $239.8 million, or $0.89 per basic share, compared with net income of $257.4 million in the prior-year quarter. The filing also highlights a signed 20-year, $6.6 billion triple-net lease at Sandersville and that the anticipated equity portion of that project has been fully funded.
Quarterly revenues were $138.0 million, down $60.6 million, or 30.5%, from $198.6 million a year earlier.
Net loss was $239.8 million, or $0.89 per basic share, versus net income of $257.4 million, or $0.90 per basic share, in the prior-year quarter.
Adjusted EBITDA, a non-GAAP measure, was negative $113.0 million, compared with $377.7 million in the prior-year quarter.
CleanSpark signed a 20-year, $6.6 billion triple-net lease at Sandersville and has pre-paid all long-lead items for the project.
CleanSpark reported results for the fiscal quarter ended March 31, 2026, with revenue of $136.4 million, down 24.9% from $181.7 million a year earlier. The net loss widened to $378.3 million, or $1.52 per basic share, from $138.8 million, or $0.49 per share, in the prior-year quarter, and the company's non-GAAP Adjusted EBITDA loss grew to $241.2 million from $57.8 million, which weighs on shareholder returns.
Quarterly revenue was $136.4 million versus $181.7 million a year earlier, a decrease of 24.9%.
Net loss was $378.3 million, or $1.52 per basic share, versus $138.8 million, or $0.49 per share, a year earlier.
Loss on fair value of bitcoin was $224.1 million in the quarter, compared with $127.7 million a year earlier.
As of March 31, 2026, cash was $260.3 million and total long-term debt, net, was $1.8 billion.
CleanSpark reported results for the quarter ended December 31, 2025, with revenue of $181.2 million, up $18.9 million or 11.6% from a year earlier. The company posted a net loss of $378.7 million, or $1.35 per basic share, compared with net income of $246.8 million, or $0.85 per basic share, in the prior-year period. For shareholders, higher revenue was offset by a sharp swing to a loss, which the filing ties in part to a $246.8 million loss on the fair value of bitcoin.
Revenue: $181.2 million, up 11.6% from $162.3 million
Net loss: $378.7 million, or $1.35 per basic share, versus net income of $246.8 million, or $0.85 per share, a year earlier
Adjusted EBITDA (non-GAAP): ($295.4) million, versus $321.6 million a year earlier
Cash of $458.1 million and total long-term debt, net, of $1.8 billion as of December 31, 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CleanSpark filing is on SEC EDGAR ↗. 8-K briefs of other companies →