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Planned use of remaining convertible notes proceeds

Company: CleanSpark

Subject kind
guidance
Statement date
2025-11-12
Current status
stated

The claim, verbatim

The Company intends to use the remaining net proceeds for expansion of power and land portfolio, development of data center infrastructure, repayment of outstanding bitcoin-backed line of credit balances, and general corporate purposes

Source (primary)

CleanSpark 8-K filed 2025-11-13 (SEC EDGAR, sec_filing)
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Quote: “intends to use the remaining net proceeds for the expansion of the Company's power and land portfolio, the development of data center infrastructure, the repayment of outstanding bitcoin-backed line of credit balances and general corporate purposes.”

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 filed 2025-11-13

Quote: “intends to use the remaining net proceeds for the expansion of the Company's power and land portfolio, the development of data center infrastructure, the repayment of outstanding bitcoin-backed line of credit balances and general corporate purposes.”

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