CleanSpark Secures $100 Million in Bitcoin-Collateralized Credit from Coinbase Prime

PANews reported on September 23rd that according to CoinDesk , Bitcoin mining company CleanSpark announced it had secured a $ 100 million Bitcoin-collateralized credit line from Coinbase Prime . CleanSpark stated it will use the credit to expand its energy assets, expand Bitcoin mining, and invest in high-performance computing ( HPC ) operations. The company claims this move avoids the need to sell Bitcoin or issue additional shares, achieving non-dilutive financing and increasing shareholder value.

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