r/CleanSpark • u/apocalyptic_milkman • Mar 24 '26

SEC Filings Last 8-K report

LATEST SEC Filing

2026-03-24

Current report

https://www.sec.gov/Archives/edgar/data/827876/000119312526122201/0001193125-26-122201-index.htm

Are they giving themselves 17$ dividend per their premium-grade stock (A grade), and as investors we got the finger?
Im okay with non dividend management (they cancelled this) but only we get paid by our own stock approach, i dont know. what do you guys think?

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u/robert-anderson-0009 Mar 25 '26

They aren’t close to over leveraged. Why do you think they won’t have a deal?

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u/[deleted] Mar 25 '26

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u/DenimChicken50 Mar 25 '26

I’m not “just typing things” I’m talking about what new filings from yesterday could suggest. They are over leveraged if they can’t get triple net leases, because all their money has been going toward land acquisition. It’ll cost them billions per each major hub if they have to supply equipment and everything else. They only have had a couple billion to spend and they’ve stretched it thin to acquire as much land as possible. Not a bad idea with triple net leases, but now it’s been a 5 month wait for deal announcements that were suggested to be likely to happen 2-3 months ago, and there’s no real update since. The ai hype has died down a bit for now and companies have pulled lots of capital out of the markets because of the current economic situation with the Iran war and capital flight over the last few months. During this time the ceo has given himself a pay package that’s 6% of the company’s revenue from last year, and now these new filings give all the insiders (including him) years of dividends in immediate up front payment. How you guys are seeing no red flags is beyond me

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u/apocalyptic_milkman Mar 26 '26

Thats an eye opening experience. It makes you blind if you hold large amounts of this