Coinbase Prime Bitcoin-backed credit facility increased to $200M
Company: CleanSpark
The claim, verbatim
CleanSpark expanded its Bitcoin-collateralized credit facility with Coinbase Prime to $200 million, with proceeds to support growth on non-dilutive terms.
Source (primary)
cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗
Quote: “an increase in its credit facility with Coinbase Prime (Nasdaq: COIN) to $200 million”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The press release headline and body state the Coinbase Prime Bitcoin-backed facility was increased to $200 million, with proceeds supporting growth on non-dilutive terms.
Confirmed in the source:
- CleanSpark increased its credit facility with Coinbase Prime to $200 million
- The facility is Bitcoin-backed, described as Coinbase's Bitcoin-collateralized lending program
- Proceeds from the facility are to support accretive growth on non-dilutive terms
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/827876/000095017025054800/clsk-ex99_1.htm) in full (6,776 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cleanspark 8-K exhibit (clsk-ex99_1.htm)
Quote: “an increase in its credit facility with Coinbase Prime (Nasdaq: COIN) to $200 million”