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CleanSpark received $100 million Bitcoin stake credit from Coinbase Prime.
PANews, September 23 - According to CoinDesk, Bitcoin mining company CleanSpark announced that it has secured a $100 million Bitcoin stake credit line from Coinbase Prime. CleanSpark stated that it will use this credit to expand its energy assets, increase Bitcoin mining, and invest in high-performance computing (HPC) business. The company claims that this move will avoid selling Bitcoin or issuing new shares, achieving non-dilutive financing and enhancing shareholder value.