Proposed $2.227B secured notes due 2031
Company: CleanSpark - Project: Sandersville
The claim, verbatim
CleanSpark proposed $2.227 billion of secured notes, to be issued by subsidiary CSDC Finance I LLC and due in 2031. Proceeds would fund construction, reimburse certain earlier equity investments and establish debt-service reserves. The notes would carry a first-priority lien and would not be convertible into common shares.
Source (primary)
Bitcoin output falls at CleanSpark and BitFuFu as Canaan holds steady - Crypto News (-, news_article)
View cached copy (2026-10-16)Live source ↗
Quote: “the company had proposed secured notes worth $2.227 billion on Sep. 17. Under that proposal, subsidiary CSDC Finance I LLC would issue the debt, with the notes due in 2031.”
How we checked this
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Additional evidence
confirms Bitcoin output falls at CleanSpark and BitFuFu as Canaan holds steady - Crypto News
Quote: “the company had proposed secured notes worth $2.227 billion on Sep. 17. Under that proposal, subsidiary CSDC Finance I LLC would issue the debt, with the notes due in 2031.”