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    CleanSpark Raises $1B To Boost AI Expansion & Share Buyback

    Avatar photoByNovember 13, 2025, 6:00 PM1 Mins read127 Views
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    CleanSpark Raises $1B To Boost AI Expansion & Share Buyback | 3verseTV
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    Bitcoin miner CleanSpark will raise $1 billion through zero-coupon convertible notes due in 2032, with buyers allowed an extra $200 million in options.

    The company plans to use $400 million for share buybacks and the rest for expansion — including new data centers, land purchases, and AI projects.

    CleanSpark recently launched an AI division led by Jeffrey Thomas and purchased a 271-acre site in Texas for a 285-megawatt AI data center. The firm also mined a record 50 EH/s and holds 13,011 BTC.

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    Kapil Rajyaguru -

    Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

    An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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