CleanSpark Increases Credit Facility With Coinbase to $200 Million

MT Newswires Live
15 Apr

CleanSpark (CLSK) said Tuesday that it has increased its credit facility with Coinbase Prime to $200 million.

The Bitcoin miner also said that its Digital Asset Management team has launched its institutional-grade Bitcoin treasury desk.

The firm said it will use proceeds from credit facility for accretive growth on non-dilutive terms. It also said that it will begin selling a portion of monthly Bitcoin production to cover operations.

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