Monitor for any future conversion to Schedule 13D, which would signal activist intent. The 3.9% stake is just below the 5% threshold that would require more detailed disclosure.
Price Chart
Executive Summary
Bank of Nova Scotia filed an amendment to its Schedule 13G, disclosing a passive stake of 10,331,158 shares (3.9%) in Cleanspark, Inc. as of September 30, 2026. This is an increase from the prior filing (SC 13G on July 15, 2026) which did not specify a stake percentage, but the current filing shows a 3.9% position. The filing is routine and passive, with no indication of activist intent.
Key Financial Metrics
Key Facts
- Bank of Nova Scotia reported beneficial ownership of 10,331,158 shares of Cleanspark common stock.
- The stake represents 3.9% of shares outstanding as of September 30, 2026.
- The filing is an amendment to a prior Schedule 13G, confirming passive investment intent under Rule 13d-1(b).
- Bank of Nova Scotia disclaims beneficial ownership of shares held by certain subsidiaries.
Financial Impact
Passive stake of 3.9% — no material financial impact from this filing alone.
Risk Factors
- Bank of Nova Scotia could increase or decrease its position without immediate public disclosure until crossing 5%.
- The crypto-mining sector is volatile; a large passive holder may exit quickly if fundamentals deteriorate.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0000009631-26-000028 |
| Document: 0000009631-26-000028-index.html | 0000009631-26-000028 |
| Document: 0000009631-26-000028.txt | 0000009631-26-000028 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | SC 13G/A | $8.46 $7.77 | ▼ −8.16% | ▼ −8.01% | $7.77 (−8.16%) |
Oct 19, 2026 7d ago | SC 13G/A | $8.46 $7.77 | ▲ +8.16% | ▲ +8.01% | $7.77 (+8.16%) |
Oct 19, 2026 7d ago | SC 13G/A | $8.46 $7.77 | ▼ −8.16% | ▼ −8.01% | $7.77 (−8.16%) |
Sep 25, 2026 4w ago | 8-K | $13.34 $12.48 | ▼ −6.45% | ▼ −7.65% | $7.77 (−41.75%) |
Sep 18, 2026 5w ago | 8-K | $14.76 $13.34 | ▼ −9.62% | ▼ −8.60% | $7.77 (−47.36%) |
Sep 17, 2026 5w ago | 8-K | $13.35 $14.26 | ▲ +6.82% | ▲ +6.22% | $7.77 (−41.80%) |
Aug 8, 2026 11w ago | Institutional Cluster | $11.59 $12.40 | ▲ +6.99% | ▲ +7.04% | $7.77 (−32.96%) |
Jul 30, 2026 12w ago | Press Release | $13.76 | awaiting T+5 | — | $7.77 (−43.53%) |
Jul 14, 2026 15w ago | 8-K | $13.45 $14.42 | ▲ +7.21% | ▲ +8.51% | $7.77 (−42.23%) |
US Market Status
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