Coinbase Provides $100 Million BTC-Backed Financing To Miner CleanSpark
CleanSpark said Monday it secured a brand new $100m credit score line from Coinbase Prime, extending the miner’s current preparations with the trade and including recent liquidity for growth. The facility is backed by CleanSpark’s Bitcoin holdings and goals to fund “accretive development utilizing non-dilutive financing,” Gary A. Vecchiarelli, CFO at CleanSpark, wrote in a…