jain.com

Coinbase $50M revolving credit line

Company: CleanSpark

Subject kind
financing
Statement date
2024-08-08
Promised amount
50000000.0 USD
Current status
stated

The claim, verbatim

CleanSpark has entered into a partnership with Coinbase and obtained a $50 million revolving line of credit collateralized by a portion of its bitcoin holdings, to be used to take advantage of market opportunities at a low cost of capital.

Source (primary)

cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗

Quote: “we have also entered into a partnership with Coinbase where we have acquired a $50 million revolving line of credit collateralized by a portion of our bitcoin holdings”

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: “we have also entered into a partnership with Coinbase where we have acquired a $50 million revolving line of credit collateralized by a portion of our bitcoin holdings”

View cached copy (2026-10-31)Live source ↗