Coinbase Offers CleanSpark $100 Million Bitcoin-Backed Loan

Simply put The $100 million facility is backed by Bitcoin Holdings, CleanSpark. Executives indicated this approach would support growth without diluting equity. Increasing difficulty and low fees are squeezing mining margins. Bitcoin miner CleanSpark announced on Monday that it secured a new $100 million credit line from Coinbase Prime, while also expanding the existing funding […]