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CleanSpark Secures $300M in BTC-Backed Loans, Reports Record Revenue
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With its latest $100M deal, CleanSpark has now secured nearly $300M in Bitcoin-backed financing from Coinbase Prime. The company, which holds close to 13,000 BTC, says it’s leveraging only a portion of its crypto reserves to fund expansion. CleanSpark recently posted record quarterly revenue of $198.6M after mining 657 BTC in August.
