🚀 CleanSpark raises $550M through convertible bonds, maturing in 2030! 💰
- Closing date: December 17, with an option to purchase an additional $100M within 13 days.
- No periodic interest payments, maturing on June 15, 2030.
- Convertible to cash/shares at a rate of $14.80/share, 20% higher than the market price.
💡 The funds will be used to pay off debts, invest in capital, and for general purposes.
- CleanSpark holds 9,297 BTC (as of November 30).
- Comparison: MARA has 40,435 BTC, Riot has 16,728 BTC.
📈 What do you think about this strategy? Please share your opinions! 👇