Nasdaq-listed Bitcoin mining company CleanSpark has completed the issuance of convertible senior notes totaling US$650 million

According to official sources, CleanSpark, a bitcoin mining company listed on Nasdaq, has announced the completion of a $650 million convertible preferred stock offering. In addition, the company has repurchased 11.76 million shares of common stock, with a repurchase amount of approximately $145 million, which will be excluded from the company's total outstanding shares. CleanSpark CEO and President Zach Bradford revealed that some of the funds will be used to add the mined bitcoins to the company's balance sheet.