CleanSpark’s Stock Jumps 6% After Securing $100M Bitcoin Credit Line

TLDR CleanSpark’s stock rose by 6% in after-hours trading following the announcement of a $100M Bitcoin-backed credit line with Coinbase. The company will use its Bitcoin holdings as collateral instead of selling coins or issuing new shares to fund growth. CleanSpark plans to use the funds to expand its energy portfolio, scale Bitcoin mining operations, [...]

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