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CleanSpark Announces $1 Billion Convertible Notes Offering

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CleanSpark Announces $1 Billion Convertible Notes Offering

Meet Your ETF AI Analyst

Cleanspark ( (CLSK) ) has provided an announcement.

On November 10, 2025, CleanSpark, Inc. announced its intention to offer $1 billion in convertible senior notes due 2032, with an option for an additional $200 million, subject to market conditions. The proceeds will be used for share repurchases, expansion of power and land portfolio, development of data center infrastructure, and repayment of outstanding credit balances. This move is expected to impact CleanSpark’s financial strategy and market positioning, enhancing its operational capabilities and shareholder value.

The most recent analyst rating on (CLSK) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Cleanspark stock, see the CLSK Stock Forecast page.

Spark’s Take on CLSK Stock

According to Spark, TipRanks’ AI Analyst, CLSK is a Outperform.

Cleanspark’s strong technical indicators and positive earnings call sentiment drive its high score. Financial performance is robust, though cash flow challenges present a risk. Valuation is moderate, reflecting a balanced risk-reward profile.

To see Spark’s full report on CLSK stock, click here.

More about Cleanspark

CleanSpark, Inc., known as America’s Bitcoin Miner®, is a leading data center developer with a substantial portfolio of over 1.3 GW of power, land, and data centers across the United States. The company focuses on optimizing its infrastructure to deliver high returns to shareholders by leveraging low-cost, reliable energy to produce compute resources.

Average Trading Volume: 29,166,272

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.64B

See more data about CLSK stock on TipRanks’ Stock Analysis page.

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