---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-213437"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:55:56.459213+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CleanSpark expands Coinbase credit facility by $100M to $300M total capacity

## Summary
- Side letter dated Sept 18, 2025 raises aggregate lending capacity to $300M (up $100M) from Coinbase Prime.
- Non-dilutive Bitcoin-backed facility; proceeds earmarked for energy portfolio, mining scaling, and HPC investments.
- Facility under Master Loan Agreement (Aug 7, 2024, amended Apr 14, 2025) with Coinbase Credit and Coinbase Inc.
- CEO Matt Schultz cites opportunity to accelerate mining growth and develop high-performance compute campuses.
- CFO Gary Vecchiarelli states 'Infrastructure First' strategy and non-dilutive financing enhance shareholder value.

## SEC filing metadata
- accession: 0001193125-25-213437
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000119312525213437/0001193125-25-213437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000119312525213437/clsk-20250918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-213437
- JSON: https://secwatch.observer/filing/0001193125-25-213437.json
- Plain text: https://secwatch.observer/filing/0001193125-25-213437.txt

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