Coinbase Line of credit with bitcoin collateral
Company: CleanSpark
The claim, verbatim
2,533 bitcoin held as collateral for borrowings under Coinbase Line of credit
Source (primary)
CleanSpark 10-Q filed 2025-08-07 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We also have 2,533 bitcoin that are held as collateral for our borrowings under our Coinbase Line of credit”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 10-Q states that 2,533 bitcoin are held as collateral for borrowings under the Coinbase line of credit, recorded as a receivable from bitcoin collateral.
Confirmed in the source:
- CleanSpark had 2,533 bitcoin held as collateral for borrowings under its Coinbase line of credit (as of June 30, 2025)
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000082787625000005/clsk-20250630.htm) in full (233,921 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2025-08-07
Quote: “We also have 2,533 bitcoin that are held as collateral for our borrowings under our Coinbase Line of credit”