TechFlow news, April 15 — According to an official announcement, U.S. Bitcoin miner CleanSpark (Nasdaq: CLSK) announced today that it has expanded its credit facility with Coinbase Prime to $200 million and is transitioning to a self-funded operating model. The company will begin selling a portion of its monthly Bitcoin production to support ongoing operations and has initiated institutional-grade Bitcoin treasury management. CleanSpark currently holds over 12,000 Bitcoin, valued at approximately $1 billion. CEO Zach Bradford stated that the company has achieved "escape velocity," enabling it to self-fund through operating cash flow, grow its Bitcoin reserves, and support expansion capital. This balanced strategy is expected to enhance long-term shareholder value.
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