“The Credit Facility Allows Cleanspark to LEVERAGE ITS BITCOIN HOLDINGS to FUND EXPANSION WITHOUT Selling the Asset.”, – WRITE: www.coindesk.com
The Shares Rose Nearly 6% in Post-Market Trading, After The AnnounCement on Monday.
The Mining Company of Use The Proceeds for Strategic Capital Expenditures, Including Expanding Cleanspark’s Energy Portfolio, Scaling ITS Bitcoin Mining Mining Operations, and Investing in Hight Capabilities, The Company SAID IN A Press Release.
Ratther than selling bitcoin to raise cash or selling additional shares of the FIRM – a move that can dilute the current shareholders – Cleaanspark is using the asset as color. Mines.
“Delivering Access Growth Using non-Dilutive Finance is at the Core of Cleanspark’s Capital Strategy,” Said Gary A. Vecchiarelli, Cleanspark’s CFO. “Our ‘Infrastructure Firmst’ Strategy Has Been Proven Proven Historical and Will Further Enhance Shareholder Value as We Expand Into More Diversified Compute Opportunities.”
The New Raise Comes After Recent Leadership Changes Hinted at the Miner Going Beyond Just Mining Bitcoin and Diversify Into Other Revenue Opportunities. The Focus on HPC Isn’t Surprising, As More and More Bitcoin MINERS Are Pivoting Into Hosting Machines that Cater to HPC and Artificial Intelligence Computing, Which Requires Data Center.
Read More: GPU Gold Rush: WHY BITCOIN MINers Are Powering Ai’s Expansion
The New Transatlantic TaskForce, AnnunCed by Treasury Chiefs Rachel Reeves and Scott Bessent, AIMS to DEEPEN Cooperation on Digital Assets and Cross-Border Capital Raising.
- The TaskForce Will Deliver Recommendations Within 180 Days Through the UK – UU Financial Regulatory Working Group.
- Digital Assets Are Expectioned to Be the Main Focus, with Both Short-Term and Long-Term Strategies Under Review.
- Industry Voices Say The Initiative Could Help Close The Gap Between Us and UK Regulatory Approaches While Setting A Global Benchmark.
Leer La Noticia Completa