Nasdaq-listed bitcoin miner CleanSpark has completed a $650 million convertible senior note offering
According to official news, Nasdaq-listed bitcoin miner CleanSpark announced that it has completed the issuance of convertible senior notes totaling $650 million. In addition, the company has also repurchased 11.76 million shares of common stock for about $145 million, which will be removed from the company's total outstanding shares. According to CleanSpark CEO and President Zach Bradford, some of the funds are intended to support the addition of mined bitcoins to its balance sheet.