02:47 PM EDT, 09/25/2025 (MT Newswires) -- Cleanspark ( CLSK ) shares fell 5% in recent Thursday trading after the company said it opened a $100 million Bitcoin-backed credit facility with Two Prime, increasing its total secured lending capacity to $400 million.

The facility provides non-dilutive capital to support growth, leveraging CleanSpark's ( CLSK ) nearly 13,000 Bitcoin holdings, with most of the $400 million capacity still unused, Chief Executive Officer Matt Schultz said.

Proceeds will be used for data center expansion, Bitcoin mining, high-performance computing investments, and the company's Digital Asset Management initiatives, CleanSpark ( CLSK ) said.

Price: 13.74, Change: -0.72, Percent Change: -4.95