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Cleanspark Expands Bitcoin-Backed Credit Facility by $100M

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Cleanspark Expands Bitcoin-Backed Credit Facility by $100M

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Cleanspark ( (CLSK) ) has shared an update.

On September 22, 2025, CleanSpark announced an expansion of its Bitcoin-backed credit facility with Coinbase Prime by $100 million, increasing its total lending capacity to $300 million. This additional financing will support strategic capital expenditures, including expanding CleanSpark’s energy portfolio, scaling Bitcoin mining operations, and investing in high-performance computing capabilities, enhancing its industry positioning and shareholder value.

The most recent analyst rating on (CLSK) stock is a Buy with a $11.50 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 overall stock score is driven by strong financial performance, particularly in revenue growth and profitability, and positive earnings call highlights. However, cash flow challenges and technical indicators suggest caution. The company’s attractive valuation and strategic growth initiatives provide a solid foundation for future performance.

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 Bitcoin mining company operating a portfolio of data centers across the United States. The company focuses on optimizing operations through low-cost, reliable electricity to deliver superior returns to shareholders, positioning itself at the intersection of Bitcoin, energy, operational excellence, and capital stewardship.

Average Trading Volume: 24,096,657

Technical Sentiment Signal: Buy

Current Market Cap: $3.86B

For a thorough assessment of CLSK stock, go to TipRanks’ Stock Analysis page.

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