CleanSpark

CleanSpark, a leading U.S.-based Bitcoin mining company listed on Nasdaq (CLSK), has secured a $100 million Bitcoin-backed credit line from institutional lender Two Prime, elevating its total collateralized lending capacity to $400 million. Announced on September 25, 2025, this non-dilutive financing marks a strategic milestone, enabling CleanSpark to accelerate data center expansion, enhance Bitcoin mining operations, and invest in high-performance computing (HPC) capabilities. By leveraging its substantial Bitcoin treasury, valued at over $1 billion, CleanSpark is poised to strengthen its position in the cryptocurrency and AI infrastructure sectors, driving innovation and shareholder value.
Strategic Financing for Expansion
The $100 million credit facility, backed by CleanSpark’s nearly 13,000 BTC holdings, provides critical liquidity without diluting shareholder equity, aligning with the company’s “Infrastructure First” strategy. This follows a similar $100 million Bitcoin-backed credit line secured from Coinbase Prime earlier in the week, bringing CleanSpark’s total collateralized lending to $400 million. The funds will fuel the deployment of additional Bitcoin mining hashrate, support data center growth, and bolster investments in HPC, positioning CleanSpark to capitalize on the convergence of cryptocurrency mining and AI-driven computing.
CleanSpark plans to allocate the capital to expand its data center portfolio, which currently includes facilities powered by globally competitive energy prices. The company aims to increase its Bitcoin mining capacity, targeting a hashrate of 50 EH/s, while exploring HPC opportunities to diversify revenue streams. This dual focus reflects a broader industry trend, with peers like TeraWulf and Core Scientific pivoting toward AI and HPC workloads to complement traditional mining operations.
Strengthening Financial Resilience
The Two Prime credit line, carrying an implied interest rate of approximately 7.71% based on the 1-month Term SOFR of 4.16%, offers CleanSpark flexible financing to support its ambitious growth plans. CFO Gary Vecchiarelli emphasized the company’s ability to “rapidly pay down debt” through strong cash flow, highlighting the strategic advantage of non-dilutive capital. By using its Bitcoin reserves as collateral, CleanSpark preserves shareholder value while accessing liquidity to fund operational and strategic initiatives, a model gaining traction among Bitcoin miners like Riot Platforms.
CleanSpark’s Bitcoin treasury, valued at over $1 billion with 12,827 BTC (3,026 as collateral), underscores its financial strength. The company mined 657 BTC in August 2025, averaging 21.20 BTC daily, driven by higher Bitcoin prices and operational efficiency. This robust treasury, combined with the new credit facility, positions CleanSpark to navigate market volatility, with Bitcoin holding steady at $111,700, and capitalize on the growing demand for digital assets and HPC infrastructure.
Navigating Market Dynamics and Opportunities
The cryptocurrency market, with over $6 trillion in on-chain real-world assets, is witnessing increased institutional adoption, as evidenced by $241 million in recent Bitcoin ETF inflows. CleanSpark’s strategic financing aligns with this trend, enabling the company to scale its operations and explore new revenue streams in AI and HPC. The pivot toward high-performance computing reflects CleanSpark’s adaptability, as data centers originally built for Bitcoin mining are repurposed to support AI workloads, a sector experiencing explosive growth with investments like CoreWeave’s $22.4 billion partnership with OpenAI.
However, market challenges persist, including Bitcoin price fluctuations and rising global hashrates, which impact mining profitability. CleanSpark’s diversified approach, combining mining with HPC, mitigates these risks, positioning the company to benefit from both cryptocurrency and AI market growth. The $100 million credit line provides the financial flexibility to pursue these opportunities, reinforcing CleanSpark’s leadership in the evolving digital asset landscape.
A Vision for Sustainable Growth
CleanSpark’s $100 million Bitcoin-backed credit line from Two Prime marks a pivotal step in its growth strategy, enhancing its ability to scale data centers and invest in cutting-edge technologies. By leveraging its Bitcoin treasury and maintaining a non-dilutive financing model, CleanSpark is well-positioned to drive innovation in Bitcoin mining and HPC while delivering value to shareholders. The company’s focus on sustainable energy solutions and strategic capital allocation further strengthens its resilience in a competitive market.
As the cryptocurrency and AI sectors converge, CleanSpark’s latest financing underscores its commitment to leading this transformation. With a robust financial foundation and a forward-thinking approach, CleanSpark is poised to shape the future of digital assets and high-performance computing, fostering a dynamic and inclusive technological ecosystem.
#BTC #CleanSpark

📅 September 25 | United States
Amid a crypto market marked by volatility and fierce competition in the mining sector, CleanSpark, one of the most aggressive players on the US scene, has just gotten a new injection of financial power. The company secured an additional $100 million credit facility, consolidating its expansion strategy as the rest of the industry grapples with tight margins and rising energy costs.
The move confirms CleanSpark's ambition to position itself as a global leader in Bitcoin mining and demonstrate that, even in uncertain times, growth is possible for those who know how to move their chips.

📖 CleanSpark is no stranger to financial leverage. The company has already been using credit facilities to finance the purchase of state-of-the-art equipment and to expand its facilities across the United States. This new $100 million agreement represents another firm step in its roadmap, with the goal of increasing both energy efficiency and computing capacity, two decisive factors in the profitability of Bitcoin mining.
The announcement comes in a key context: following the latest Bitcoin halving, miners are facing reduced rewards and the need to operate as efficiently as possible. While many competitors are scaling back operations, CleanSpark is doubling down with fresh liquidity, betting that the combination of more machines, better technology, and strategic energy agreements will allow it to scale while others retreat.
The company had previously secured other significant financing facilities, and this loan adds to a robust portfolio that exceeds hundreds of millions of dollars in support.
CleanSpark isn't looking to survive; it's looking to grow. With this new facility, the company strengthens its position in a sector where only the best-funded players with access to cheap energy will be able to withstand the pressures. The risk, of course, lies in the level of debt the company is taking on and in the volatility of the Bitcoin price, which can turn an ambitious bet into an unsustainable burden if the market doesn't cooperate.

Topic Opinion:
CleanSpark's strategy is both bold and risky. The mining sector is not for the faint of heart: the halving reduced revenues and energy competition has become fierce. However, access to cheap financing can make the difference between those who lead and those who disappear.
Although I'm concerned about the growing reliance on credit lines in a market where Bitcoin prices can plummet overnight, the future of mining will be in the hands of companies that manage to become more efficient, more sustainable, and more disciplined with their debt. CleanSpark seems determined to be among that group.
💬 Do you think going into debt for $100 million is a visionary move or an unnecessary risk for a Bitcoin miner?

Leave your comment...
#CleanSpark #bitcoin #Mining #CryptoNews #blockchain $BTC

CleanSpark secures $100M via Bitcoin-backed loan on Coinbase Prime, boosting after-hours stock 5%.
Firm expands Bitcoin mining, AI, and HPC with record $198.6M revenue and August’s 657 BTC output.
Bitcoin mining company CleanSpark saw its after-hours trading increase by 5% on Monday after it announced it had raised an extra $100 million in funding. The company used a part of its massive 13,000 Bitcoin holdings as collateral on the institutional lending platform of Coinbase Prime. The stock prices rose to $14.44 during the extended trading hours on Monday, as compared to the previous price of $13.74, indicating that investors have confidence in the expansion plan.

The most recent funding facility takes CleanSpark’s total Bitcoin-secured credit facilities with Coinbase Prime to about 300 million. Chief Business Officer Harry Sudock highlighted that the company would focus on maximizing shareholder value by using Bitcoin strategically. The capital will finance the aggressive growth of CleanSpark in its Bitcoin mining activities, high-performance computing, and development of energy infrastructure.

Strategic Diversification Beyond Traditional Mining
CleanSpark is not the only company in the Bitcoin mining sector that is shifting to artificial intelligence and high-performance computing services to diversify its revenue streams. Sudock described the overall asset optimization strategy of the company, examining each power contract and energy relationship to optimize it. Instead of concentrating on particular portfolio ratios, CleanSpark concentrates on versatility to seize new opportunities in various sectors.

The company plans to find power pipeline segments that would be more appropriate for high-performance computing than the traditional Bitcoin mining activity. This flexibility will enable CleanSpark to seek greater opportunities to grow its power portfolio without compromising its competitive advantages in various markets. Sudock emphasized that versatility generates opportunity maximization that allows the company to manage the evolving market conditions.

The financing announcement comes after CleanSpark achieved a record-breaking third quarter performance, which produced the highest revenue of the company at $198.6 million, the highest quarterly results in the history of the company. August mining activities resulted in 657 Bitcoin, which is a substantial 37.5% growth compared to the same month last year. This operating momentum helps the management to be confident in expanding operations with Bitcoin-based financing solutions.

The strategy of CleanSpark shows that mining firms can use their crypto holdings to raise growth capital and retain their exposure to a potential rise in the value of Bitcoin. The strategic alliance with Coinbase Prime offers institutional-quality lending services to the company, allowing it to grow further without diluting the current shareholders by using conventional equity financing techniques.
#MarketPullback #CleanSpark #bitcoin #BinanceHODLerHEMI $BTC

Компанія CleanSpark, один із лідерів у сфері майнінгу біткоїнів у США, оголосила про отримання $100 млн фінансування від Coinbase Prime. Угода, укладена 22 вересня 2025 року, розширює кредитну лінію, забезпечену біткоїнами, і дозволяє компанії залучити капітал без розпродажу активів чи розведення акцій. Ці кошти будуть спрямовані на розширення енергетичного портфеля, масштабування операцій із майнінгу та розвиток високопродуктивних обчислень (HPC).
За словами генерального директора Метта Шульца, партнерство з Coinbase Prime відкриває можливості для прискорення зростання, особливо через оптимізацію активів у великих містах. Фінансування є недилятивним, що дозволяє CleanSpark зберегти свої біткоїн-резерви, оцінені більш ніж у $1 млрд. Ця стратегія підкреслює фокус компанії на інфраструктурному підході, який уже довів свою ефективність.
Coinbase Prime, інституційний підрозділ біржі, підтримує угоду, надаючи надійну інфраструктуру для зберігання та торгівлі. Глава інституційного напряму Бретт Теджпол відзначив інноваційний підхід CleanSpark до розширення екосистеми криптовалют. Експерти вважають, що такий крок може сигналізувати про ширші тренди серед майнерів, які шукають альтернативні способи фінансування в умовах волатильного ринку.
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#CleanSpark #CoinbasePrime #BitcoinFinancing #CryptoMining #blockchain #CryptoNews #DeFi #HPC

🔔 MARKET MOVING NEWS! (10/01/25)

1️⃣ Mantra And Damac Sign $1B Deal to Tokenise Middle Eastern Assets 💰

Real world asset (RWA) tokenisation blockchain Mantra has reportedly signed a $1 billion agreement with investment conglomerate Damac Group. The partnership seeks to enable token-based finance in the Middle East by bringing blockchain-powered transparency and security. The Damac group will use Mantra to tokenise its extensive asset portfolio, which spans sectors such as real estate development, data centers and hospitality. Access to Damac’s assets will be exclusively available on the Mantra chain early this year. John Mullin, co-founder and CEO of Mantra, has stated that the endorsement from Damac “is a massive vote of confidence for the future of RWA tokenisation.”

2️⃣ Rep. Bryan Steil to Lead US House Subcommittee On Digital Assets ▶️

According to a statement released by the House Financial Services Committee on Thursday, Wisconsin lawmaker Bryan Steil will be the next chair of the Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence after Representative French Hill. Rep. Hill will reportedly be moving on to take over leadership of the full House Financial Services Committee after the departure of Patrick McHenry, who did not run for reelection in 2024. Steil is known for previously criticising the U.S. Securities and Exchange Commission’s approach to crypto. Crypto advocacy group Stand with Crypto also gave Steil an "A" grade for his stance on crypto, citing comments he has made over the past few years.

3️⃣ 996 Bitcoin Mining Devices Seized By Thai Police ❌

According to a report by the Bangkok Post, Thai Police and electricity officials have seized 996 bitcoin mining devices at a company that they say stole huge amounts of electricity to run them. The company, reportedly based in the Phanat Nikhom district of Chon Buri, is registered to conduct digital asset trading activities. Thai police Crime Suppression Division commander Pol Maj Gen Montree Theskhan stated that suspicions arose over its power consumption patterns. The raid revealed that the company stole electricity by using modified power meters to run the cryptocurrency mining rigs. Losses incurred by electricity providers were estimated at hundreds of millions of baht.

4️⃣ Coinbase Receives CFTC Subpoena for Customer Data Related to Polymarket ‼️
#coinbase
According to a Decrypt report, crypto exchange Coinbase has received a subpoena from the U.S. Commodity Futures Trading Commission in connection with the crypto-based prediction market platform Polymarket. The report states that Coinbase users have been receiving emails from the U.S. exchange, alerting them of an ongoing investigation. The subpoena reportedly sought “general customer information” in relation to Polymarket. The exchange stated that it “may be required to send information” to the CFTC, depending on legal procedures that could occur within the following week.

5️⃣ CleanSpark Becomes Fourth Bitcoin Miner To Hold 10,000 BTC 💸
#CleanSpark
US Bitcoin mining firm CleanSpark has reportedly become the fourth publicly listed miner to hold more than 10,000 BTC. The company is now reported to hold 10,097 BTC in its treasury. Notably, this marks a 236% year-over-year increase in CleanSpark’s BTC-denominated treasury. CEO Zach Bradford attributed this rise to the company scaling more efficiently and responsibly. He highlighted that all of CleanSpark’s 10,097 Bitcoin was mined in the US, supporting American energy and jobs while contributing to the growth of Bitcoin’s global ecosystem.

6️⃣ Standard Chartered To Offer Crypto Custody Services In EU With New Luxembourg License ‼️

Banking giant Standard Chartered has reportedly received a license in Luxembourg to offer crypto custody services through a new entity. The bank stated that the new entity in Luxembourg acts as its “EU regulatory entry point” for offering crypto and digital asset custody services. This comes after the Markets in Crypto Assets (MiCA) regulation came into full effect on Dec. 30. Standard Chartered has named Laurent Marochini as the new CEO of its Luxembourg operations.

#Crypto2025Trands

Крупная майнинговая компания войдёт в индекс S&P SmallCap 600 в 2025 году
Одна из крупнейших мировых компаний по добыче биткоина объявила, что 24 марта 2025 года будет включена в индекс S&P SmallCap 600. Этот индекс оценивает стоимость акций компаний с малой капитализацией, учитывая их балансовую стоимость, прибыльность, ликвидность и финансовую устойчивость.
Требования к участникам индекса
На март 2025 года компании, входящие в S&P SmallCap 600, должны соответствовать следующим критериям:
✅ Рыночная капитализация в диапазоне от $1,1 млрд до $7,4 млрд
✅ Не менее 10% акций в свободном обращении
✅ Положительная чистая прибыль за последние четыре квартала
Мнение руководства CleanSpark
Генеральный директор CleanSpark Зак Брэдфорд отметил, что включение в индекс станет важной вехой для компании, её сотрудников и инвесторов.
«Наше участие повышает узнаваемость CleanSpark в инвестиционном сообществе. Это возможность показать ценность того, что мы — вертикально интегрированная майнинговая компания, и сделать нашу бизнес-модель более доступной для широкой аудитории», — подчеркнул он.
Финансовые показатели CleanSpark
📈 Выручка за последний квартал выросла на 82% и составила $162,3 млн
📈 Добыча биткоина увеличилась на 33%, достигнув 1945 BTC за три месяца (по сравнению с 1465 BTC в предыдущем квартале)
📈 Хешрейт компании вырос на 41,7%, достигнув 39,1 экзахеш в секунду (EH/s)

Вывод: Включение CleanSpark в S&P SmallCap # может привлечь больше институциональных инвесторов, повысив доверие к майнинговой отрасли.
Не забудьте подписаться, что бы узнавать важные новости первыми.
#CryptoAdoption #CleanSpark