Cleanspark expands capital strategy with $200m bitcoin-backed credit facility from coinbase prime; shifts to self-funded operations

Proceeds from credit facility to support accretive growth on non-dilutive terms company to begin selling a portion of monthly bitcoin production to cover operations las vegas , april 15, 2025 /prnewswire/ -- cleanspark, inc. (nasdaq: clsk), america's bitcoin miner® (the "company"), today announced it has expanded its capital strategy to include an increase in its credit facility with coinbase prime (nasdaq: coin) to $200 million. additionally, the company's digital asset management team has officially launched its institutional grade bitcoin treasury desk.
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