CleanSpark in our Pivotal Point Check: $100 Million Loan from Coinbase Drives the Bitcoin Miner's Stock to a new Annual High!
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Focus on growth – $100 million loan will be used for strategic investments. In Q3 2025, CleanSpark reported impressive financial results with a revenue increase of 91%. The fact that the company is using its Bitcoin holdings as collateral for the loan underscores management's confidence in the value of the cryptocurrency. On Tuesday, September 23, the Bitcoin miner experienced a significant price increase. This massive jump followed the news that CleanSpark secured a new credit line of $100 million from Coinbase Prime. The financing...
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