CleanSpark Plans $1B Note Sale, Stock Drops

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Recorded11 Nov 2025

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CleanSpark, a Bitcoin mining company, announced plans to issue one billion dollars in convertible senior notes, causing a six percent drop in after-hours trading. The notes, due in 2032, will be used for stock buybacks, expanding power and land holdings, building data centers, and general business needs. The notes wont pay regular interest and can be converted into cash or stock.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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