$2.227B senior secured notes offering
Company: CleanSpark - Project: Sandersville
The claim, verbatim
CleanSpark's wholly owned subsidiary CSDC Finance I LLC plans to sell $2.227 billion of senior secured notes due in 2031 to finance Sandersville data center construction, with proceeds also used to reimburse earlier investments and establish debt reserves
Source (primary)
CleanSpark stock gains 5% on proposed $2.23B debt deal - Crypto News (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “CleanSpark said on Sep. 17 that its wholly owned subsidiary, CSDC Finance I LLC, plans to sell $2.227 billion of senior secured notes through a private placement. The notes would mature in 2031, with most of the proceeds directed toward completing CleanSpark's Sandersville data center in Georgia”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article states each element: the issuer, amount, 2031 maturity, the construction funding purpose, reimbursement of prior equity investments, and debt-service reserve accounts.
Confirmed in the source:
- CSDC Finance I LLC is a wholly owned CleanSpark subsidiary
- The subsidiary plans to sell $2.227 billion of senior secured notes
- The notes would mature in 2031
- Proceeds would fund Sandersville data center construction
- Proceeds would also reimburse earlier equity investments in the project
- Proceeds would also establish debt-service reserve accounts
What we did: Read our cached copy of the publisher (https://crypto.news/cleanspark-stock-gains-on-proposed-2-23b-debt-deal/) in full (12,712 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark stock gains 5% on proposed $2.23B debt deal - Crypto News
Quote: “CleanSpark said on Sep. 17 that its wholly owned subsidiary, CSDC Finance I LLC, plans to sell $2.227 billion of senior secured notes through a private placement. The notes would mature in 2031, with most of the proceeds directed toward completing CleanSpark's Sandersville data center in Georgia”