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

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

CleanSpark (Nasdaq: CLSK), a sustainable bitcoin mining and energy technology company, has closed $35 million in non-dilutive financing from Trinity Capital Inc (Nasdaq: TRIN), in a press release sent to Bitcoin Magazine.

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

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