CleanSpark to raise $550M via bond, not buy BTC with proceeds
CleanSpark joins the crowd in raising funds through convertible notes, but doesn’t plan to invest the proceeds.
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CleanSpark joins the crowd in raising funds through convertible notes, but doesn’t plan to invest the proceeds.
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry […]
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.
Deficit spending and lower interest rates have boosted global liquidity higher, benefiting Bitcoin and related markets, Blockware’s Mitchell Askew said.
Crypto exchange Coinbase and Bitcoin miners CleanSpark and IREN closed Oct. 14 with double-digit percentage gains and continued to climb after the bell.
CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity.
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain […]
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, […]
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure’s facilities there.
