CleanSpark Secures $100M Bitcoin-Backed Credit Line from Coinbase Prime

2025-09-23 04:46

CleanSpark has expanded its Bitcoin-backed credit facility with Coinbase Prime by $100 million. This non-dilutive financing will support CleanSpark's strategic capital expenditures, including the expansion of its energy portfolio, scaling up Bitcoin mining operations, and investing in high-performance computing. The funds will also aid in exploring alternative data center use cases near urban areas, bolstering CleanSpark's infrastructure growth.

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