As of Q2'26, CLSK's cash and short-term investments stood at $260M USD, marking a significant decline from the prior quarter's $1.29B USD, while debt dropped sharply to $2.5M USD from $1.79B USD, resulting in a robust net cash position of approximately $258M USD. Over the period from Q3'23 to Q2'26, cash reserves exhibited strong growth, surging from $36M USD to a peak of $1.29B USD by Q1'26 before the abrupt Q2'26 drop, reflecting volatile expansion likely tied to operational scaling in the cryptocurrency sector. In contrast, debt trended downward initially from $19M USD through Q3'24, then escalated rapidly to $1.79B USD by Q1'26 amid apparent financing needs, only to plummet in Q2'26, underscoring improved liquidity and reduced leverage overall despite the cash volatility.