CleanSpark Shares Drop 5% After Upsizing $1.15B Convertible Note For Expansion

Shares of CleanSpark experienced a decline of 5% following the company's decision to upsize its convertible note offering to $1.15 billion, a move that is aimed at financing its expansion efforts. The increase in the amount of the convertible notes signals the company's aggressive growth strategy, but it has led to concerns among investors, resulting in a dip in the stock price. source: https://www.coindesk.com/markets/2025/11/11/cleanspark-shares-drop-5-after-upsizing-usd1-15b-convertible-note-for-expansion