LAS VEGAS , Nov. 10, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced the upsize and pricing of its offering of $1.15 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2032 (the "Convertible Notes"). The Convertible Notes will be sold to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").

Key Elements of the Transaction :

$1.15 billion 0.00% Convertible Senior Notes offering (27.50% conversion premium)

The repurchase of approximately $460 million of the common stock from investors in the Convertible Notes

CleanSpark

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