Public crypto miners are reducing Bitcoin holdings as margin pressure, debt concerns and a weaker market force a rethink of the industry’s balance-sheet strategy.
The cash flow generated will support the bitcoin miner's expansion into AI and high-performance computing data centers.
CleanSpark sold 553 BTC for $36.6M in February while producing 568 BTC and expanding a Texas campus, as several Bitcoin miners liquidate holdings to fund infrastructure and AI projects.
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