Holders with large troves of unreported crypto held offshore are rightly getting nervous about new and invasive tax-reporting regimes.
The era of ‘suitcase money’ is over: Why your offshore crypto is no longer safe from the taxman
Holders with large troves of unreported crypto held offshore are rightly getting nervous about new and invasive tax-reporting regimes.
Shares:
Terms of the deal remain undisclosed.
CleanSpark's holdings now exceed 12,000 BTC, worth just over $1 billion at current prices.
The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs.
The raise was led by Electric Capital and included participation from MassMutual, Highland Capital, Haun Ventures and ParaFi Capital