CleanSpark Shifts Strategy, Selling Bitcoin Production to Fund Growth

Bitcoin miner CleanSpark has altered its capital strategy by transitioning away from a strict 100% Bitcoin HODL policy. The company secured a $200 million credit facility from Coinbase Prime to support operations and growth. This new approach involves selling a portion of their monthly Bitcoin production to generate revenue, setting them apart as one of the few miners opting for self-funding rather than equity dilution or increased leverage.