CleanSpark shares
CleanSpark’s shares declined by 5% following the company’s decision to upsize its convertible note to $1.15 billion for expansion purposes. The increase in the convertible note is part of CleanSpark’s strategy to fund its growth initiatives. The company aims to utilize the additional capital to enhance its operations and expand its market presence. Investors reacted negatively to the news, leading to a drop in the stock price. CleanSpark continues to focus on its expansion plans despite the market’s response.
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Last updated on November 11th, 2025 at 09:16 am
