CleanSpark, Inc. Announces Pricing of $550 Million Convertible Notes Offering
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CleanSpark, Inc. has announced the pricing of a $550 million offering of 0.00% Convertible Senior Notes due 2030. The notes will be sold to qualified institutional buyers in a private offering.
December 13, 2024 | 12:15 pm
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CleanSpark, Inc. has priced a $550 million offering of Convertible Senior Notes due 2030, which will be sold to institutional buyers. This move could provide the company with significant capital for growth or debt management.
The issuance of convertible notes can provide CleanSpark with substantial capital, which may be used for expansion or to manage existing debt. This financial maneuver is likely to be viewed positively by investors, as it suggests strategic financial planning and potential growth opportunities.
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