Cleanspark will start selling part of Bitcoin earned from his mining every month in an attempt to become financially self -sufficient, said US Bitcoin Miner on April 15.
In addition, Cleanspark secured a $ 200 million credit facility supported by Bitcoin (BTC) through an agreement with Coinbase Prime, the institutional brokerage in Crypto Exchange, according to a statement.
Together, the Bitcoin sales and credit line has average cleanspark “achieved the escape speed of self-fund operations, increased our Bitcoin Treasury and contributes to expansion capital through operational cash flow,” said Zach Bradford, CEO of Cleanspark.
Cleanspark has opened an institutional Bitcoin trading desk to facilitate the sale of cryptocurrency, it added.
Crypto mining stocks are down in 2025. Source: Morningstar
Related: Bitdeer turns to self-mining of Bitcoin, US operations in the middle of Customs Report
Navigation of market volatility
Bitcoin Miner’s emphasis on self -financing comes as mining wheels from across the square in the first quarter of 2025.
Shares of CoinShares Crypto Miners ETF (WGMI) – a listed fund that tracks a diverse basket of Bitcoin mining – has been more than 40% down since the beginning of the year, according to Morningstar data.
“[W]I think this is the right time to develop from an almost 100% team strategy adopted by mid -2023 and move back using part of our monthly production to support operations, ”Bradford said.
Cheaper stock prices effectively increase Bitcoin Miners’ capital costs and can potentially cause creditors to require repayment of faster loans.
Analysts at JP Morgan attributed the downturn to erode cryptocurrency prices, adding pressure to business models already strained by the half -network’s halving in April 2024.
Halvings occur about every four years when the Bitcoin network automatically reduces mining rewards in half.
Price per Bitcoin versus Network Hash Rate. Source: JPMorgan
In April, pressure on mining stocks deteriorated when US President Donald Trump announced plans for sweeping tariffs on US imports.
American Bitcoin mining workers are especially vulnerable to trade in wars because they rely on specialized mining, often taken from foreign producers.
Bradford said he expects Cleanspark’s financial self -sufficiency to differentiate it from peers “who continue to rely on capital thinning to finance operating costs or increased leverage to grow their bitcoinresver.”
Other miners take similar aggressive measures to adapt to the changing market.
Bitdeer, a Singapore-based crypto miner, has reportedly declared plans to start producing mining hardware in the United States to mitigate the impact of Trump’s planned import tariffs.
Magazine: Illegal arcade disguised as … a fake Bitcoin mine? SOLDATE SREATING IN CHINA: Asia Express