CleanSpark Announces $2.227 Billion Senior Secured Note Offering

LAS VEGAS, Sept. 17, 2026 /CourierPR/ -- CleanSpark, Inc., a market-leading data center developer, has announced plans to issue $2.227 billion in senior secured notes due in 2031. The company intends to use the proceeds from this private offering to fund the completion of its Sandersville Facility, reimburse prior equity contributions, and establish debt service reserves.

The notes will be offered to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons outside the United States under Regulation S. The notes will be fully and unconditionally guaranteed by CSRE Properties Sandersville, LLC, a wholly owned direct subsidiary of the Issuer. The notes will be secured by first-priority liens on substantially all assets of the Issuer and CSRE Properties, excluding certain excluded property, and all equity interests of the Issuer held by CSDC Holdings I, LLC.

CleanSpark will provide a completion guarantee to ensure the timely completion of the Sandersville Facility, should the proceeds from the notes be insufficient. The offering is subject to market and other conditions, and there is no assurance that the offering will be completed as planned.

The net proceeds from the offering will be used to finance the remaining cost of the build-out of the Sandersville Facility, reimburse the company for certain prior equity contributions made in respect of the facility, and fund debt service reserves. The company aims to optimize its infrastructure to deliver superior returns to shareholders, leveraging low-cost, high-reliability energy to produce a global emerging critical resource, compute.

CleanSpark, Inc., with a portfolio of more than 1.8 GW of power, land, and data centers across the United States, continues to position itself at the intersection of Bitcoin, energy, operational excellence, and capital stewardship. The company's strategy involves monetizing low-cost, high-reliability energy to produce compute, a critical resource in today's digital landscape.

The forward-looking statements in the press release highlight the risks and uncertainties that could impact the company's plans. These include market volatility, regulatory changes, and the ability to implement business plans and identify additional opportunities. CleanSpark advises readers not to place undue reliance on these forward-looking statements, as they are subject to change.

The company's commitment to its shareholders and the data center industry is evident in its strategic initiatives and financial planning. As the market for data centers continues to grow, CleanSpark's ability to secure significant funding through this offering could position it for continued success and expansion.