CleanSpark Embraces Self-Funding Strategy to Navigate Crypto Market Volatility

CleanSpark is taking a proactive approach to its financial future, announcing plans to begin selling a portion of its Bitcoin earnings each month. This move aims to achieve self-sufficiency and bolster the company’s operational cash flow while contributing capital for expansion projects. This strategy is further supported by a $200 million credit facility secured through an agreement with Coinbase Prime, an institutional brokerage arm of the cryptocurrency exchange.