---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-054800"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T14:07:09.013866+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-054800
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017025054800/0000950170-25-054800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017025054800/clsk-20250414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-054800
- JSON: https://secwatch.observer/filing/0000950170-25-054800.json
- Plain text: https://secwatch.observer/filing/0000950170-25-054800.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.