$1.15 billion 0% convertible debt
Company: CleanSpark
The claim, verbatim
Company closed $1.15 billion 0% convertible debt transaction to finance expansion of power and land portfolio
Source (primary)
cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-25)Live source ↗
Quote: “We recently closed a landmark $1.15 billion 0% convertible transaction to accelerate expansion of our power and land portfolio”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The CFO states the company closed a $1.15 billion 0% convertible transaction to accelerate expansion of its power and land portfolio. The CEO separately cites convertible debt as a financing tool the company chose.
Confirmed in the source:
- CleanSpark recently closed a $1.15 billion transaction
- The transaction was a 0% convertible financing, and the CEO names convertible debt among the capital tools the company used
- The stated purpose was to accelerate expansion of the company's power and land portfolio
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/827876/000119312525297163/clsk-ex99_1.htm) in full (18,642 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cleanspark 8-K exhibit (clsk-ex99_1.htm)
Quote: “We recently closed a landmark $1.15 billion 0% convertible transaction to accelerate expansion of our power and land portfolio”