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Bitcoin Miner CleanSpark Raises $35 Million In Financing From Trinity Capital

  • CleanSpark has closed $35 million in non-dilutive financing from Trinity Capital Inc.
  • The mortgage is collateralized by 3,336 S19j Pro miners at a 9.9% rate of interest.
  • CleanSpark intends to use the financing to gas progress capital expenditures.

CleanSpark (Nasdaq: CLSK), a sustainable bitcoin mining and power know-how firm, has closed $35 million in non-dilutive financing from Trinity Capital Inc (Nasdaq: TRIN), in a press launch despatched to Bitcoin Magazine.

The financing settlement is collateralized by 3,336 new S19j Pro Miners and carries an annual rate of interest of 9.9% over a three-year interval. CleanSpark intends to use the financing to help progress capital expenditures.

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