Coinbase Extends $100 Million Bitcoin-Backed Credit to Miner CleanSpark
In brief The $100 million facility has been secured by CleanSpark’s Bitcoin holdings. Executives said the strategy helps fund growth without equity dilution. Rising difficulty, low fees, and tariffs have added pressure to mining margins. Bitcoin miner CleanSpark said Monday it has secured a new $100 million credit line from Coinbase Prime, extending its existing…
