CleanSpark Secures $100 Million Bitcoin Credit Line from Two Prime

According to PRNewswire, US Bitcoin mining company CleanSpark (NASDAQ: CLSK) has secured a $100 million Bitcoin-backed credit facility from Two Prime. This financing brings CleanSpark's total collateralized credit facility to $400 million, providing the company with additional non-dilutive capital to accelerate data center growth. The funds are expected to support the deployment of Bitcoin mining computing capacity and investments in high-performance computing (HPC) capabilities.