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flag CleanSpark's stock rose after announcing a $100 million crypto-backed loan to expand Bitcoin mining and energy operations.

flag CleanSpark (CLSK) shares rose in after-hours trading on September 22, 2025, after announcing a $100 million expansion of its Bitcoin-backed credit facility with Coinbase Prime. flag The non-dilutive financing allows the company to use its bitcoin holdings as collateral to fund growth without selling assets. flag Proceeds will support expanding energy operations, scaling Bitcoin mining, and advancing high-performance computing infrastructure. flag The move underscores CleanSpark’s “Infrastructure First” strategy and reflects broader trends of crypto-backed financing in the tech and energy sectors.

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