Form 8-K · Current Report · Filed 2025-09-23
CleanSpark Expands Bitcoin-Backed Credit Facility with Coinbase by $100M
On September 18, 2025, CleanSpark, Inc. entered into a side letter to its Master Loan Agreement with Coinbase, increasing its Bitcoin-backed credit capacity by $100 million. This facility will be used for strategic capital expenditures, including expanding its energy portfolio, scaling Bitcoin mining operations, and investing in high-performance computing capabilities. On September 22, 2025, CleanSpark announced this increase in its Coinbase line of credit. The side letter and the press release announcing the credit increase are furnished as exhibits to this report.
- Filer
- Cleanspark Inc. CLSK · NASDAQ
- Filed
- Accession
- 0001193125-25-213437
- CIK
- 0000827876
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Entry into a Material Definitive Agreement
Creation of a Direct Financial Obligation
Regulation FD Disclosure
Market reaction
Close before filing
$13.74
Next session
+5.2%
Since filing
-0.1%
Latest close
$13.73
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CLSK reporting the same item, with the next session's move:
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.
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