CleanSpark Announces Private Offering Of $2.227B Of Senior Secured Notes Due 2031
The Issuer intends to use the net proceeds from the offering (a) to finance the remaining cost of the build out of the data center (the "Sandersville Facility"), (b) to reimburse the Company for certain prior
CleanSpark is borrowing $2.2 billion to finish building a data center. This shows the company is spending big money on growth right now.
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