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Bitcoin Mining News: CleanSpark Targets $1.15B in New Capital Amid AI Pivot

CleanSpark, a Nasdaq-listed Bitcoin mining firm, announced a $1.15 billion convertible note offering to fund its expansion and data-center projects. The zero-coupon notes, due 2032, carry a 27.5% conversion premium. They give investors an option to purchase up to $150 million more in a greenshoe period. CleanSpark said it will use about $460 million of [...]The post Bitcoin Mining News: CleanSpark Targets $1.15B in New Capital Amid AI Pivot appeared first on The Coin Republic.

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