CleanSpark Prices $2.276 Billion in Senior Secured Notes for Data Center Expansion

CleanSpark has priced $2.276 billion in senior secured notes due in 2031 with a 7.875% coupon. The company intends to use the proceeds to fund infrastructure development at its Sandersville, Georgia campus, aiming to support both Bitcoin mining and high-performance computing workloads. This financing reflects the industry's ongoing shift toward leveraging power-ready infrastructure for broader computing applications.