The U.S.-based crypto mining firm CleanSpark has secured a $100 million credit line from Coinbase Prime.

BlockBeats News, September 23, American Bitcoin miner CleanSpark announced on Monday that it has expanded its Bitcoin support loan agreement with Coinbase's institutional arm, Coinbase Prime, and has obtained an additional $100 million credit line.

In a statement released on Monday, CleanSpark said the company plans to use the additional funds for capital expenditures in three key areas: expanding its energy infrastructure, growing its Bitcoin mining business, and developing high-performance computing capabilities at specific facilities. (The Block)