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US crypto miner Clean Spark secures $100 million credit line from Coinbase

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2025-09-23 04:47:55
CleanSpark, a U.S. bitcoin miner, announced Monday that it has secured an additional $100 million line of credit through an expanded bitcoin-backed loan agreement with Coinbase Prime, Coinbase's institutional arm.
Clean Spark said in a statement released Monday that the company plans to use the additional funds for capital expenditures in three key areas: expanding energy infrastructure, expanding bitcoin mining operations, and developing high-performance computing capabilities at select facilities.
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