CleanSpark Plans to Issue Senior Secured Notes Due 2031 to Raise $2,227 Million
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6 Articles
CleanSpark Reveals Meta Behind $6.6 Billion AI Lease, Requires $2.23 Billion Financing
CleanSpark has identified Meta Platforms as the technology company behind its $6.6 billion Sandersville data center lease, ending two months of uncertainty over the customer anchoring the Bitcoin miner’s push into artificial intelligence infrastructure. The disclosure came in investor materials furnished with an SEC filing. CleanSpark said Anviran LLC, the tenant on the 175 MW […] The post CleanSpark Reveals Meta Behind $6.6 Billion AI Lease, Re…
CleanSpark announced a proposed private bid for $2.227 billion in guaranteed senior notes due in 2031. Resources would finance the construction of its Sandersville facility, reimburse prior capital contributions and create debt service reserves, while the company would assume a guarantee of completion of the project.
According to ChainCatcher, Nasdaq-listed Bitcoin mining company and data center developer CleanSpark announced that its wholly-owned subsidiary CSDC Finance I plans to privately issue advanced guaranteed notes due in 2031 to raise $2,227 million. The funds will mainly be used to complete the construction of the Sandersville data center in Texas, to cover part of the company's previous equity investment in the facility, and to establish a debt re…
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