Sandersville Facility construction funding
Company: CleanSpark - Project: Sandersville
The claim, verbatim
Net proceeds from the notes offering will be used to finance the remaining cost of the build out of the Sandersville Facility
Source (primary)
CleanSpark, Inc. Announces Proposed Offering of $2.227 Billion of Senior Secured Notes - PR Newswire (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “to finance the remaining cost of the build out of the data center (the "Sandersville Facility")”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The release lists financing the remaining build-out cost of the Sandersville Facility as one intended use of net proceeds. It also names reimbursement of prior equity contributions and funding debt service reserves as other uses.
Confirmed in the source:
- Net proceeds from the notes offering will be used to finance the remaining cost of the build out of the Sandersville Facility
What we did: Read our cached copy of the publisher (https://www.prnewswire.com/news-releases/cleanspark-inc-announces-proposed-offering-of-2-227-billion-of-senior-secured-notes-302881360.html) in full (17,393 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark, Inc. Announces Proposed Offering of $2.227 Billion of Senior Secured Notes - PR Newswire
Quote: “to finance the remaining cost of the build out of the data center (the "Sandersville Facility")”