Brett Knoblauch

Brian Dobson

Gregory Lewis

Michael Colonnese

Bill Papanastasiou

John Todaro

Paul Golding

Stephen Glagola

James McIlree

Jon Hickman

Mike Colonnese

Nick Giles

Tyler DiMatteo

- CleanSpark, Inc. entered into a **$100 million revolving credit facility** with Two Prime Lending Limited, effective **September 19, 2025**.  **[827876_0001193125-25-216457_clsk-20250919.htm:0]** **[827876_0001193125-25-216457_clsk-ex99_1.htm:0]** **[827876_0001193125-25-216457_clsk-ex10_1.htm:0]** 
- The facility, which matures on **September 14, 2026**, bears interest at the **Term SOFR Rate plus 3.55%** and is secured by **digital assets, including Bitcoin**.  **[827876_0001193125-25-216457_clsk-20250919.htm:0]** **[827876_0001193125-25-216457_clsk-ex10_1.htm:19]** 
- The proceeds are designated to support **Bitcoin mining hashrate deployment, invest in high-performance computing (HPC) capabilities, and fund Digital Asset Management strategies**.  **[827876_0001193125-25-216457_clsk-20250919.htm:0]** **[827876_0001193125-25-216457_clsk-ex99_1.htm:0]** 
- This new financing increases CleanSpark's total collateralized lending facilities to **$400 million**.  **[827876_0001193125-25-216457_clsk-ex99_1.htm:0]**

CleanSpark secures $100M Bitcoin-backed credit facility with Two Prime

- CleanSpark, Inc. (Nasdaq: CLSK) announced a new **$100 million Bitcoin-backed credit facility** with Two Prime.  **[827876_20250925LA83019:0]** 
- This new facility expands CleanSpark's total collateralized lending facilities to **$400 million**, providing additional **non-dilutive capital**.  **[827876_20250925LA83019:0]** 
- The proceeds are designated to accelerate **data center growth**, support Bitcoin mining hashrate deployment, invest in high-performance computing (HPC) capabilities, and fund the Company's Digital Asset Management strategies.  **[827876_20250925LA83019:0]** 
- CleanSpark's Chief Financial Officer noted that the company's **$400 million total capacity remains largely undrawn** and that they have a treasury balance of nearly **13,000 bitcoin**.  **[827876_20250925LA83019:0]**

CleanSpark secures new $100 million Bitcoin-backed credit facility

- CleanSpark, Inc. (CLSK) increased its Bitcoin-backed credit facility with Coinbase Prime by **$100 million** on **September 18, 2025**, raising the total aggregate lending capacity to **$300 million**.  **[827876_0001193125-25-213437_clsk-20250918.htm:0]** **[827876_0001193125-25-213437_clsk-ex10_1.htm:0]** **[827876_0001193125-25-213437_clsk-ex99_1.htm:0]** 
- This **non-dilutive capital** will be deployed into strategic capital expenditures, including expanding CleanSpark's energy portfolio, scaling its Bitcoin mining operations, and investing in high-performance computing (HPC) capabilities.  **[827876_0001193125-25-213437_clsk-20250918.htm:0]** **[827876_0001193125-25-213437_clsk-ex99_1.htm:0]** 
- Borrowings under the facility are secured by collateral such as U.S. dollars, USDC stablecoin, Bitcoin, or Ether, and are subject to ongoing margin and collateral maintenance requirements.  **[827876_0001193125-25-213437_clsk-20250918.htm:0]** **[827876_0001193125-25-213437_clsk-20250918.htm:1]**

CleanSpark expands Coinbase credit facility to $300 million

- CleanSpark, Inc. **(Nasdaq: CLSK)** has expanded its Bitcoin-backed credit facility with **Coinbase Prime (Nasdaq: COIN)** by **$100 million**.  **[827876_20250922LA80540:0]** 
- This **non-dilutive capital** will be deployed into strategic capital expenditures, including expanding CleanSpark's energy portfolio, scaling its Bitcoin mining operations, and investing in high-performance computing (HPC) capabilities.  **[827876_20250922LA80540:0]** 
- The company's CFO, Gary A. Vecchiarelli, stated that delivering accretive growth using non-dilutive financing is central to CleanSpark's capital strategy.  **[827876_20250922LA80540:0]**

CleanSpark Expands Credit Facility with Coinbase Prime

- CleanSpark produced **657 Bitcoin** in August 2025 and reported total Bitcoin holdings of **12,827** as of August 31, 2025.  **[827876_20250903LA64257:0]** 
- The company's average operating hashrate for August 2025 was **43.3 EH/s**, with an operational hashrate reaching **50.0 EH/s**.  **[827876_20250903LA64257:0]** 
- CleanSpark sold **533.5 Bitcoin** during August 2025 for **$60,712,990**, at an average price of **$113,800** per BTC.  **[827876_20250903LA64257:0]** 
- CEO Matt Schultz noted the company's focus on operational performance and growing its Bitcoin treasury, highlighting that the hashrate has doubled and the Bitcoin treasury has grown to nearly 13,000 over the past calendar year, despite a leadership transition.  **[827876_20250903LA64257:0]**

CLEANSPARK (CLSK)