CleanSpark has secured a $100 million Bitcoin-backed credit facility, raising its total borrowing capacity to $400 million. This non-dilutive financing leverages CleanSpark's treasury of nearly 13,000 BTC as collateral, allowing the company to expand its data centers and increase hashrate without issuing new equity. The new facility, arranged with Two Prime, complements an existing $100 million facility with Coinbase Prime, both backed by Bitcoin reserves.