CleanSpark Secures $100M Bitcoin-Backed Loan from Coinbase Prime for Expansion

TLDR CleanSpark shares gained 5% after announcing $100M Bitcoin-backed loan from Coinbase Prime The company will use its BTC holdings as collateral to fund mining, high-performance computing, and energy portfolio expansion This brings total Bitcoin-backed financing from Coinbase Prime to approximately $300M CleanSpark recently posted record quarterly revenue of $198.6M The company mined 657 BTC [...]

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