CleanSpark plans to issue senior secured notes due in 2031 to raise $2.227 billion
Sep 17, 2026 19:55:55
CleanSpark, a Bitcoin mining company and data center developer listed on NASDAQ, announced that its wholly-owned subsidiary CSDC Finance I plans to privately issue senior secured notes due in 2031 to raise $2.227 billion.
The funds will primarily be used to complete the construction of the Sandersville data center in Texas, to compensate the company for some equity funds previously invested in the facility, and to establish a debt repayment reserve.
However, this issuance is still subject to market and other conditions, and it cannot be guaranteed whether the final completion or issuance terms will be achieved.