jain.com

Use of $100M Coinbase Prime credit proceeds

Company: CleanSpark

Subject kind
financing
Statement date
2025-09-22
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

CleanSpark says the $100 million will fund strategic capital expenditures, including expanding its energy portfolio, scaling Bitcoin mining operations, and investing in high-performance computing capabilities.

Source (primary)

cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-01)Live source ↗

Quote: “The $100 million in financing will be deployed into strategic capital expenditures, including expanding CleanSpark's energy portfolio, scaling its Bitcoin mining operations, and investing in high-performance computing (HPC) capabilities.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms cleanspark 8-K exhibit (clsk-ex99_1.htm)

Quote: “The $100 million in financing will be deployed into strategic capital expenditures, including expanding CleanSpark's energy portfolio, scaling its Bitcoin mining operations, and investing in high-performance computing (HPC) capabilities.”

View cached copy (2026-10-01)Live source ↗