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CleanSpark Secures $1.15B, Stock Drops—Here's Why It's an Opportunity
Yahoo Finance· 2025-11-12 20:42
A golden Bitcoin surrounded by coins, symbolizing CleanSpark’s $1.15B raise to expand Bitcoin mining and AI data center operations. Key Points CleanSpark raised $1.15 billion via 0.00% convertible senior notes with a high conversion premium, minimizing dilution concerns and signaling long-term growth intent. The recent financing was structured with favorable terms designed to minimize shareholder dilution while accelerating growth in the company's core Bitcoin mining operations and its new AI data cente ...