According to ChainCatcher, Bitcoin mining company CleanSpark announced that it has completed the issuance of convertible senior notes totaling US$650 million.

Additionally, the company repurchased 11.76 million shares of common stock for approximately $145 million, which will be removed from the total number of shares outstanding.

CleanSpark CEO and President Zach Bradford revealed that part of the funds is intended to be used to add mined Bitcoin to the balance sheet.