Thursday, April 08, 2021 5:38:45 PM
On April 2, 2021 and April 6, 2021, CleanSpark, Inc., a Nevada corporation (the “Company”), entered into agreements (the “Agreements”) with a premier cryptocurrency mining equipment supplier (the “Supplier”), pursuant to which the Company purchased an aggregate of 700 mining servers (the “Equipment”). As compensation for the Equipment, the Company paid the Supplier an aggregate of $7,160,000. The Company currently expects to receive the Equipment in summer 2021, and plans to use the Equipment to expand its digital currency mining activities through its wholly-owned subsidiaries.
The foregoing description of the Agreements does not purport to be complete, and is qualified in its entirety by reference to the complete text of such Agreements, the forms of which will be filed as exhibits to the Company’s next periodic report.
The smoker you drink, the player you get.
Recent CLSK News
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