9. INDEBTEDNESS (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands |
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1 Months Ended |
3 Months Ended |
6 Months Ended |
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Sep. 19, 2025 |
Aug. 14, 2024 |
Aug. 07, 2024 |
May 10, 2023 |
Nov. 30, 2025 |
Sep. 30, 2025 |
Dec. 31, 2024 |
Sep. 30, 2024 |
Mar. 31, 2025 |
Mar. 31, 2026 |
Mar. 31, 2025 |
Apr. 30, 2025 |
Aug. 28, 2024 |
| Restructuring Cost and Reserve [Line Items] |
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| Loans payable, net of current portion |
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$ 1,822,210
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| Gross loan outstanding |
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31,529
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| Principal amount of loan payments |
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1,822,210
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| Stock Repurchased During Period, Value |
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460,000
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$ 145,000
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| Total bitcoin |
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$ 10,428
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11,920
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| Common Stock, Value, Issued |
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$ 296
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$ 299
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| Shares of CleanSpark common stock issued |
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296,087,533
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298,964,590
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| Debt instrument, interest rate, stated percentage |
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7.17%
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| Derivative, Basis Spread on Variable Rate |
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2.85%
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| Debt Instrument, Interest Rate, Stated Percentage |
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7.17%
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| Debt instrument, face amount |
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$ 2,000
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| Outstanding balance of line of credit |
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$ 780
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| 2032 Convertible notes |
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| Restructuring Cost and Reserve [Line Items] |
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| Principal amount |
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1,000
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| Aggregate principal amount |
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$ 1,150,000,000
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| Fair value |
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$ 779,160
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| Principal amount outstanding |
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$ 75,000,000
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| Interest Rate |
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0.00%
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0.27%
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| Principal amount of loan payments |
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$ 1,150,000
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| Percentage of convertible senior notes |
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0.00%
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| Unamortized debt issuance costs |
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$ 18,150
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| Net proceeds from the sales |
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$ 1,130,710
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| Stock Repurchased During Period, Value |
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460,000
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| Percentage of conversion price |
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130.00%
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| Trading price |
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$ (1,000)
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| Percentage of product of the last reported sale price |
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130.00%
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| Offering and issuance cost |
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$ 19,290
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| Shares of CleanSpark common stock issued |
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52.1832
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| Conversion Price |
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$ 19.16
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| Percentage of redemption price |
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100.00%
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| Percentage Of Trustee or holders Principal Amount |
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25.00%
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| Percentage Of Declare Principal Amount |
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100.00%
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| Effective interest rate |
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0.27%
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| Debt instrument, interest rate, stated percentage |
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0.00%
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| Debt Instrument, Interest Rate, Stated Percentage |
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0.00%
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| 2032 Convertible notes | Maximum |
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| Restructuring Cost and Reserve [Line Items] |
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| Percentage of product of the last reported sale price |
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98.00%
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| 2030 Convertible Note |
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| Restructuring Cost and Reserve [Line Items] |
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| Principal amount |
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$ 1,000
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| Aggregate principal amount |
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$ 650,000
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| Fair value |
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635,726
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| Principal amount outstanding |
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75,000
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| Percentage of convertible senior notes |
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0.00%
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| Unamortized debt issuance costs |
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12,481
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| Net proceeds from the sales |
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$ 633,688
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| Stock Repurchased During Period, Value |
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145,000
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| Trading price |
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$ (1,000)
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| Percentage of product of the last reported sale price |
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130.00%
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| Percentage Of Repurchase Price Of The Principal Amount |
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100.00%
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| Offering and issuance cost |
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16,312
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| Shares of CleanSpark common stock issued |
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67.5858
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| Conversion Price |
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$ 14.8
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| Percentage Of Last Reported Sale Price |
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130.00%
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| Percentage of redemption price |
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100.00%
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| Percentage Of Trustee or holders Principal Amount |
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25.00%
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| Percentage Of Declare Principal Amount |
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100.00%
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| Effective interest rate |
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0.46%
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| Debt instrument, interest rate, stated percentage |
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0.00%
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| Debt Instrument, Interest Rate, Stated Percentage |
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0.00%
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| 2030 Convertible Note | Minimum |
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| Restructuring Cost and Reserve [Line Items] |
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| Percentage of product of the last reported sale price |
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98.00%
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| 2030 Convertible Note | Maximum |
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| Restructuring Cost and Reserve [Line Items] |
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| Principal amount |
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$ 100,000
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| Percentage of conversion price |
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130.00%
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| Auto And Equipment Loans And Financing [Member] |
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| Restructuring Cost and Reserve [Line Items] |
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| Borrowings to finance |
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$ 1,000
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| Additional equipment purchases |
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$ 1,000
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| Debt instrument, face amount |
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$ 2,988
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| Debt instrument conversion description |
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bear interest at the Floating Wall Street Journal Prime Rate plus 1.00% per annum, calculated on the basis of a 360-day year consisting of twelve (12) consecutive thirty (30)-day months, and interest is charged for each day there is an outstanding balance.
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| Outstanding balance of line of credit |
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$ 365
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| Auto And Equipment Loans And Financing [Member] | Prime |
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| Restructuring Cost and Reserve [Line Items] |
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| Floating interest rate |
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7.75%
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| Auto And Equipment Loans And Financing [Member] | Minimum |
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| Restructuring Cost and Reserve [Line Items] |
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| Interest Rate |
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0.00%
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| Debt instrument term |
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3 months
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| Debt instrument, interest rate, stated percentage |
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0.00%
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| Debt Instrument, Interest Rate, Stated Percentage |
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0.00%
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| Auto And Equipment Loans And Financing [Member] | Minimum | Prime |
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| Restructuring Cost and Reserve [Line Items] |
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| Floating interest rate |
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1.00%
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| Auto And Equipment Loans And Financing [Member] | Maximum |
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| Restructuring Cost and Reserve [Line Items] |
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| Interest Rate |
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11.30%
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| Debt instrument term |
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68 months
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| Debt instrument, interest rate, stated percentage |
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11.30%
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| Debt Instrument, Interest Rate, Stated Percentage |
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11.30%
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| Auto And Equipment Loans And Financing [Member] | Maximum | Prime |
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| Restructuring Cost and Reserve [Line Items] |
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| Floating interest rate |
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6.75%
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| Marquee Funding Partners |
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| Restructuring Cost and Reserve [Line Items] |
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| Interest Rate |
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13.00%
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| Debt instrument, interest rate, stated percentage |
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13.00%
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| Debt Instrument, Interest Rate, Stated Percentage |
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13.00%
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| Loan assumed |
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$ 459
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| Marquee Funding Partners | Minimum |
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| Restructuring Cost and Reserve [Line Items] |
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| Debt instrument term |
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5 months
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| Marquee Funding Partners | Maximum |
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| Restructuring Cost and Reserve [Line Items] |
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| Debt instrument term |
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11 months
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| Mortgage - Corporate Facility |
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| Restructuring Cost and Reserve [Line Items] |
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| Principal amount of loan payments |
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$ 1,937
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| Debt instrument term |
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2 years
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| Debt instrument, interest rate, stated percentage |
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|
10.00%
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| Debt Instrument, Interest Rate, Stated Percentage |
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10.00%
|
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| Western Alliance Bank Credit Agreement |
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| Restructuring Cost and Reserve [Line Items] |
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| Principal amount outstanding |
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|
|
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|
|
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|
$ 5,690
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| Interest Rate |
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|
6.66%
|
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| Variable Interest Rate |
|
3.00%
|
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| Debt Instrument, Payment Terms |
|
monthly
|
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| Debt Instrument, Maturity Date |
|
Aug. 14, 2029
|
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| Debt instrument, interest rate, stated percentage |
|
6.75%
|
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|
|
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| Debt Instrument, Interest Rate, Stated Percentage |
|
6.75%
|
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|
|
|
|
|
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|
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| Promissory notes |
|
$ 7,000
|
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|
|
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| Coinbase Line of Credit |
|
|
|
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|
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| Restructuring Cost and Reserve [Line Items] |
|
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|
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| Interest Rate |
|
|
|
|
|
|
|
|
|
8.25%
|
|
|
|
| Total bitcoin |
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
| Outstanding balance of line of credit |
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
| Outstanding balance of line of credit |
|
|
$ 50,000
|
|
|
|
|
|
|
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|
| Line of credit , interest rate |
|
|
9.00%
|
|
|
8.25%
|
|
8.50%
|
|
|
|
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|
| Percentage of Company Ownership |
|
|
64.00%
|
|
|
|
|
|
|
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| Line of Credit Facility, Interest Rate Description |
|
|
Pursuant to the terms, the line of credit initially bore interest of 9% per annum and has no defined maturity date but is terminable by either the Lender or the Company with notice.
|
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|
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| Coinbase Line of Credit | Master Loan Agreement |
|
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|
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|
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| Restructuring Cost and Reserve [Line Items] |
|
|
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|
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| Line of credit |
|
|
|
|
|
$ 300,000
|
|
|
|
|
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| Borrowings to finance |
|
|
|
|
|
|
|
|
|
|
|
$ 200,000
|
|
| Two Prime line of credit and receivable for bitcoin collateral |
|
|
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|
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| Restructuring Cost and Reserve [Line Items] |
|
|
|
|
|
|
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|
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|
|
|
|
| Line of credit |
$ 100,000
|
|
|
|
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|
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|
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|
| Interest Rate |
3.55%
|
|
|
|
|
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| Collateral facility description |
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|
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|
|
The agreement establishes collateral requirements based on loan-to-value (LTV) ratios, including an initial maximum LTV ratio of approximately 62.5%, a margin call if the LTV exceeds 74%, and a liquidation trigger if the LTV exceeds 80%.
|
|
|
|
| Pledged Bitcoin Collateral |
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
| Outstanding balance of line of credit |
|
|
|
|
|
|
|
|
|
0
|
|
|
|
| Capped Calls |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restructuring Cost and Reserve [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial Institutions Cost |
|
|
|
|
|
|
|
|
|
$ 90,350
|
|
|
|
| Cap price |
|
|
|
|
|
|
|
|
|
$ 24.66
|
|
|
|