CleanSpark prices $2.276 billion senior secured notes
The funds finance the Sandersville data center and reimburse equity contributions. The offering closes on September 25, 2026.
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Large-scale digital infrastructure developer
cleanspark.comLast updated
In short: CleanSpark pivoted to AI data centers, signing a $6.6B Sandersville lease and raising $2.3B in notes while posting steep quarterly losses.
The funds finance the Sandersville data center and reimburse equity contributions. The offering closes on September 25, 2026.
The contract covers the Sandersville campus facility and establishes long-term operational commitments for an international technology provider.
Revenue decreased 30.5% to $138 million, net loss was $239.8 million, and a $6.6 billion Sandersville lease was signed.
The update includes a 20-year lease with a high investment-grade tenant for 175 MW, plus bitcoin production of 586 in July.
Bond markets are getting tough for lower-rated borrowers. One example: CleanSpark, which is developing a data center for Meta Platforms, had to offer investors big...
CleanSpark's Bitcoin reserve has moved above 10,500 BTC, giving the miner another balance-sheet milestone as large mining companies increasingly behave like a...
Cleanspark ( (CLSK) ) has provided an announcement.
Bitcoin mining and digital infrastructure executives outlined how access to energized power, land and existing substations is positioning their companies to pursue artificial intelligence and...
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