CleanSpark will raise $1 billion through a convertible bond issuance to expand its operations. The company aims to utilize the funds to enhance its business activities. This financial strategy is part of CleanSpark’s broader plan to grow and develop its operational capabilities. The issuance of convertible bonds allows the company to attract investment while providing potential future equity to bondholders. CleanSpark’s decision reflects its commitment to expanding its footprint in the market.
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