Quick Look
- CleanSpark's disclosure of 12% of its Bitcoin held as collateral or receivables highlights the growing complexity of miner treasuries.
- This trend, also seen with Riot Platforms, shifts focus from total BTC holdings to liquidity and deployable assets, especially amid rising costs and potential AI revenue diversification.
AI-generated summary
CleanSpark's disclosure of 12% of its Bitcoin held as collateral or receivables highlights the growing complexity of miner treasuries. This trend, also seen with Riot Platforms, shifts focus from total BTC holdings to liquidity and deployable assets, especially amid rising costs and potential AI revenue diversification.






