Bitcoin Miner CleanSpark (CLSK) Ditches Bitcoin 'HODL' Strategy to Stop Dilution Via Equity Raise

Bitcoin Miner CleanSpark (CLSK) Ditches Bitcoin 'HODL' Strategy to Stop Dilution Via Equity Raise

Bitcoin miner CleanSpark (CLSK) is moving away from its strategy of HODLing 100% of the BTC it mines.The Henderson, Nevada-based company said it is returning to selling a portion of the bitcoin mined to support its operations in an announcement on Tuesday."While we remain committed to bitcoin as a long-term, hardened asset, we believe a more effective way to increase shareholder value is through a balanced approach between monetizing new product…

Bitcoin Miner CleanSpark Increases Credit Line, Rebalances HODL Strategy - Crypto Economy

TL;DR CleanSpark will sell part of its monthly Bitcoin production to finance operations and avoid share dilution, moving away from its full-retention strategy. It expanded its credit line with Coinbase Prime to $200 million and launched an institutional treasury desk to optimize the management of its digital assets. With more than 12,000 BTC in reserves and 40.2 EH/s of power, the company aims to reach 50 EH/s and establish itself as a self-sus…

CleanSpark ends 100% HODL policy, secures $200m from Coinbase Prime

CleanSpark announced it might begin selling a portion of its Bitcoin production to fund operations, while deepening its relationship with Coinbase Prime. Bitcoin miner CleanSpark has expanded its capital strategy with a $200 million Bitcoin-backed credit facility from Coinbase Prime,…

Bitcoin Core 29.0 - bitcoin.fr

Bitcoin Core developers today announced the release of version 29.0 of Bitcoin Core software, the reference implementation of Bitcoin protocol. This version includes new features, various bug fixes and performance enhancements, as well as updated translations. To learn more about these changes: https://bitcoincore.org/en/releases/29.0. To report [...] The Bitcoin Core article 29.0 appeared first on bitcoin.fr.