jain.com

$460M common stock repurchase

Company: CleanSpark

Subject kind
financing
Statement date
2026-08-15
Promised amount
460000000.0 USD
Current status
stated

The claim, verbatim

CleanSpark will allocate $460 million of convertible note proceeds to repurchase common stock at $15.03 per share

Source (primary)

CleanSpark Raises $1.15B To Expand Bitcoin Mining and AI Operations - CoinMarketCap (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “CleanSpark will allocate $460 million of the proceeds to repurchase common stock from investors through privately negotiated transactions at $15.03 per share, matching the Nasdaq closing price on Monday.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states verbatim that $460 million will be allocated to repurchase common stock at $15.03 per share.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://coinmarketcap.com/academy/article/cleanspark-raises-dollar115b-to-expand-bitcoin-mining-and-ai-operations) in full (5,936 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark Raises $1.15B To Expand Bitcoin Mining and AI Operations - CoinMarketCap

Quote: “CleanSpark will allocate $460 million of the proceeds to repurchase common stock from investors through privately negotiated transactions at $15.03 per share, matching the Nasdaq closing price on Monday.”

View cached copy (2026-08-31)Live source ↗