CleanSpark Secures $100M Bitcoin-Backed Loan
Bitcoin mining company CleanSpark rallied 5% in after-hours trading after announcing on Monday that it had secured a $100M financing deal with institutional-investor focused Coinbase Prime. The deal sees CleanSpark secure further credit from Coinbase Prime by using a portion of its 13,000 total Bitcoin (BTC) holdings as collateral. It will utilize the capital to…
