🚀 CleanSpark is mining for cash, not just crypto! The company plans to raise $550 million through a convertible note offering, maturing in 2030. This move follows the trend among miners like MARA and Riot, who are also cashing in on convertible bonds.

- CleanSpark's notes, convertible at a $14.80/share rate, offer a 20% premium over the current stock price.

- Proceeds will repay Coinbase debt and fund general corporate purposes.

- No interest on notes, but redemption starts in 2028.

With 9,297 BTC in their digital wallet, CleanSpark is digging deep into the financial minefield! 💰