2 hours ago

CleanSpark Expands Credit Capacity to $400M with Two Bitcoin-Backed Facilities

TLDR CleanSpark secured two separate $100 million credit facilities in the same week Both facilities are backed by the company’s Bitcoin holdings without requiring share dilution Total collateralized lending capacity now stands at $400 million Funds will be used for data center expansion, increasing Bitcoin hashrate, and scaling computing infrastructure CleanSpark holds nearly 13,000 BTC [...]

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Source: Blockonomi →