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. Go to Source
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CleanSpark joins the crowd in raising funds through convertible notes, but doesn’t plan to invest the proceeds. Go to Source
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said. Go to Source
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 for weeks. Go to Source
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee. Go to Source
Deficit spending and lower interest rates have boosted global liquidity higher, benefiting Bitcoin and related markets, Blockware’s Mitchell Askew said. Go to Source
Crypto exchange Coinbase and Bitcoin miners CleanSpark and IREN closed Oct. 14 with double-digit percentage gains and continued to climb after the bell. Go to Source
Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025. Cleanspark Now Operates 30 EH/s of Computational Power According to … Read more
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. Go to Source
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power. Go to Source
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, and more. Go to Source