CleanSpark Proposes $2.227B Senior Secured Notes to Fund Sandersville Build-Out

CleanSpark's subsidiary plans to issue $2.227B in senior secured notes due 2031 to finance the completion of its Sandersville, Georgia data center. The notes are targeted at qualified institutional buyers and secured by company assets. Proceeds will cover construction costs, reimburse prior equity, and fund debt service reserves, with a 20-year lease anchoring the project.