en
Back to the list

CleanSpark expands capital strategy with $100M Bitcoin-backed credit from Coinbase Prime

source-logo  cryptobriefing.com 22 September 2025 18:21, UTC
image

Key Takeaways

  • CleanSpark has secured a $100 million credit line from Coinbase Prime, leveraging its Bitcoin assets as collateral.
  • The new credit facility provides non-dilutive financing, allowing CleanSpark to raise capital without issuing new shares.

<?xml encoding="UTF-8">

CleanSpark, a US-based sustainable Bitcoin mining company, secured a $100 million credit facility from Coinbase Prime, an institutional-grade platform for advanced trading and custody services.

app-logo

Know when your
coins move

Alerts, real-time prices, and market news — all in one app
4.8 based on 40K reviews in the App Store and Google Play

The credit arrangement allows the mining company to leverage its Bitcoin holdings as collateral for non-dilutive financing, reflecting a broader trend among crypto companies accessing capital without issuing new shares.

cryptobriefing.com