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Cleanspark Completes $1.15 Billion Convertible Notes Offering

Story Highlights
  • CleanSpark completed a $1.15 billion convertible notes offering on November 13, 2025.
  • The company repurchased 30.6 million shares for $460 million to enhance value creation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cleanspark Completes $1.15 Billion Convertible Notes Offering

TipRanks Black Friday Sale

An update from Cleanspark ( (CLSK) ) is now available.

On November 13, 2025, CleanSpark, Inc. completed a $1.15 billion offering of 0.00% Convertible Senior Notes due 2032, aimed at expanding its power and land portfolio and enhancing data center infrastructure. The company repurchased 30.6 million shares of its common stock for approximately $460 million, reflecting its commitment to long-term value creation and strengthening its position in the energy and infrastructure compute platform market.

The most recent analyst rating on (CLSK) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Cleanspark stock, see the CLSK Stock Forecast page.

Spark’s Take on CLSK Stock

According to Spark, TipRanks’ AI Analyst, CLSK is a Outperform.

Cleanspark’s strong technical indicators and positive earnings call sentiment drive its high score. Financial performance is robust, though cash flow challenges present a risk. Valuation is moderate, reflecting a balanced risk-reward profile.

To see Spark’s full report on CLSK stock, click here.

More about Cleanspark

CleanSpark, Inc., known as America’s Bitcoin Miner®, is a leading data center developer with a focus on optimizing infrastructure to deliver high returns. The company owns a portfolio exceeding 1.3 GW of power, land, and data centers across the United States, leveraging low-cost, reliable energy to produce compute resources.

Average Trading Volume: 30,219,594

Technical Sentiment Signal: Buy

Current Market Cap: $3.97B

See more data about CLSK stock on TipRanks’ Stock Analysis page.

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