Cleanspark Inc.
CleanSpark Secures $100M Bitcoin-Backed Credit Facility with Two Prime
Summary
CleanSpark, Inc. has entered into a $100 million Bitcoin-backed credit facility with Two Prime Lending Limited, as announced on September 25, 2025. This facility, maturing on September 14, 2026, will be used to support Bitcoin mining hashrate deployment, invest in high-performance computing capabilities, and fund the company's Digital Asset Management strategies. The credit facility is secured by CleanSpark's digital assets and Two Prime's recourse is limited to the collateral. CleanSpark announced this new financing through a press release furnished as Exhibit 99.1.
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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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