CleanSpark Closes $2.276B Financing as Bitcoin Holdings Reach 13,530

CleanSpark closed a $2.276 billion senior secured notes offering to finance data-center construction, while retaining 13,530 Bitcoin (BTC) after September sales. The notes, issued by subsidiary CSDC Finance I, LLC, carry a 7.875% interest rate and mature in 2031. The offering closed Sept. 25 at 4:48 p.m. ET (20:48 UTC). The proceeds are designated for construction connected to a lease expected to generate approximately $6.6 billion in contracted revenue over its initial term. CleanSpark is expanding beyond Bitcoin mining infrastructure into broader digital infrastructure and data-center development. As of Sept.

Source: TokenPost