debt

PowerCompute mines 8.1 BTC in September after using BTC to reduce debt

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PowerCompute mines 8.1 BTC in September after using BTC to reduce debt

Reason to trust A strict editorial policy emphasizing accuracy, relevance and impartiality Created by industry experts and rigorously reviewed The highest standards in reporting and publishing A strict editorial policy emphasizing accuracy, relevance and impartiality The market price is fair and the players are a bit weak. Everyone bows down, no one hates extremists. TL;DR: … Read more

CleanSpark closes $2.276 billion debt financing as the mining company makes its next expansion

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CleanSpark closes .276 billion debt financing as the mining company makes its next expansion

TL;DR CleanSpark has completed the closing of $2.276 billion senior secured notes. The bitcoin miner says the proceeds will support data center expansion and refinancing of existing credit facilities. Financing has been closed, making this different from the previous announcement of the proposed debt increase. CleanSpark has completed one of the largest financing transactions of … Read more