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CleanSpark announced a $1.15 billion convertible note to expand bitcoin mining amid record-high network difficulty and declining miner revenues, highlighting profitability pressures in the bitcoin mi…
CleanSpark ups convertible bond offering to $1.15B for expansion and share repurchase amid a 63% YTD stock surge; analysts mostly bullish with a $25 median target.
CleanSpark raises $1.15 billion to expand Bitcoin mining and AI data center operations, signaling crypto miners’ strategic shift into AI infrastructure amid industry pressure post-Bitcoin halving.