$2.276B senior secured notes due 2031 for Sandersville buildout
Company: CleanSpark - Project: Sandersville
The claim, verbatim
In mid-September 2026, CleanSpark announced a private offering of more than $2.2 billion of senior secured notes due 2031 to fund the remaining Sandersville data-center buildout, reimburse prior equity contributions, and fund debt-service reserves. The offering was later priced at $2.276 billion with a 7.875% coupon.
Source (primary)
Why CleanSpark Stock Fell Today - Quiver Quantitative (-, news_article)
View cached copy (2026-10-06)Live source ↗
Quote: “In mid-September, CleanSpark announced a private offering of more than $2.2 billion of senior secured notes due 2031 to fund the remaining Sandersville buildout, reimburse prior equity contributions, and fund debt-service reserves. The financing was later priced at $2.276 billion with a 7.875% coupon”
How we checked this
Checked on October 8, 2026. The cited source supports every part of this claim.
The article, dated October 5, 2026, describes the mid-September offering, its terms and uses of proceeds, and its later pricing at $2.276 billion with a 7.875% coupon. It also refers to the Sandersville data-center buildout.
Confirmed in the source:
- In mid-September 2026, CleanSpark announced a private offering of more than $2.2 billion of senior secured notes
- The notes are due 2031
- Proceeds are to fund the remaining Sandersville data-center buildout, reimburse prior equity contributions, and fund debt-service reserves
- The offering was later priced at $2.276 billion
- The notes carry a 7.875% coupon
What we did: Read our cached copy of the publisher (https://www.quiverquant.com/news/Why+CleanSpark+Stock+Fell+Today) in full (8,076 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why CleanSpark Stock Fell Today - Quiver Quantitative
Quote: “In mid-September, CleanSpark announced a private offering of more than $2.2 billion of senior secured notes due 2031 to fund the remaining Sandersville buildout, reimburse prior equity contributions, and fund debt-service reserves. The financing was later priced at $2.276 billion with a 7.875% coupon”