Notes proceeds to fund Sandersville data center buildout
Company: CleanSpark - Project: Sandersville
The claim, verbatim
Proceeds from the notes are intended to finance remaining Sandersville data center construction costs, reimburse prior equity contributions and fund debt service reserves.
Source (primary)
CleanSpark closes USD 2.276 billion notes: CleanSpark stock loses 1.12 percent - ad-hoc-news.de (-, news_article)
View cached copy (2026-10-06)Live source ↗
Quote: “the proceeds are intended to finance remaining Sandersville construction costs, reimburse prior equity contributions and fund debt service reserves”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
The article states that the note proceeds are intended to finance remaining Sandersville construction costs, reimburse prior equity contributions and fund debt service reserves. It also describes the project as CleanSpark's Sandersville data center buildout.
Confirmed in the source:
- Proceeds from the notes are intended to finance remaining Sandersville construction costs
- Proceeds are intended to reimburse prior equity contributions
- Proceeds are intended to fund debt service reserves
- The Sandersville project is a data center buildout
What we did: Read our cached copy of the publisher (https://www.ad-hoc-news.de/boerse/news/nebenwerte/cleanspark-closes-usd-2-276-billion-notes-cleanspark-stock-loses-1-12-percent/70232372) in full (5,277 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark closes USD 2.276 billion notes: CleanSpark stock loses 1.12 percent - ad-hoc-news.de
Quote: “the proceeds are intended to finance remaining Sandersville construction costs, reimburse prior equity contributions and fund debt service reserves”