CleanSpark expands Coinbase credit facility to $200M, will sell portion of monthly Bitcoin production to fund operations

CLEANSPARK, INC.

Amended Master Loan Agreement with Coinbase Credit increases borrowing capacity to $200M, secured by Bitcoin.
Company to sell portion of monthly Bitcoin production to cover opex and loan repayment, shifting from nearly 100% hold strategy.
Bitcoin treasury exceeds 12,000 BTC (~$1B at $84,500/BTC); targeting 50 EH/s.
Facility is non-dilutive; Company views debt markets as efficient path for accretive growth.
Coinbase Prime provides institutional lending and custody services for the facility.

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