Cleanspark Inc.
CleanSpark Expands Bitcoin-Backed Credit Facility with Coinbase
Summary
On April 14, 2025, CleanSpark, Inc. entered into an amended Master Loan Agreement with Coinbase Credit, Inc., increasing its credit line to $200 million, secured by Bitcoin and other digital assets. The agreement allows CleanSpark to borrow digital assets or cash to support operational activities and growth initiatives. Concurrently, CleanSpark announced a strategic shift to begin selling a portion of its Bitcoin production to fund operations, a move that reflects the company's non-dilutive funding approach and its maturing capital strategy.
Profitelligence Alerts
Get alerts for CLSK
Be first to know when Cleanspark Inc. files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About Cleanspark Inc.
Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.
Official SEC Documents
Advertisement