BlockBeats News, September 25th, according to PRNewswire, U.S.-based Bitcoin mining company CleanSpark (Nasdaq: CLSK) has secured a $1 billion Bitcoin-backed credit line from Two Prime. This financing brings CleanSpark’s total credit line to $4 billion, providing the company with additional non-dilutive capital to accelerate data center growth. The funds are expected to be used to support Bitcoin mining hash rate deployment and invest in high-performance computing (HPC) capabilities.
