CleanSpark secures $2,276 million to expand Sandersville data center
CleanSpark secures $2.276B financing for Sandersville data center, with leases projecting ~$6.6B revenue; funds to completion. Sept mining: 529 BTC mined, 702 sold, 13,530 held; moving to quarterly disclosures as mining expands.
Abstract: CleanSpark has announced substantial financing to fully fund the Sandersville data center expansion, with lease agreements expected to generate about $6.6 billion in contract revenue. The $2.276 billion capital will cover the project through completion, according to CEO Matt Schultz. In September, the company reported mining 529 BTC, selling 702 BTC, and holding 13,530 BTC, and it will shift from monthly to quarterly mining disclosures as its business broadens beyond Bitcoin mining.
Abstract: CleanSpark has announced substantial financing to fully fund the Sandersville data center expansion, with lease agreements expected to generate about $6.6 billion in contract revenue. The $2.276 billion capital will cover the project through completion, according to CEO Matt Schultz. In September, the company reported mining 529 BTC, selling 702 BTC, and holding 13,530 BTC, and it will shift from monthly to quarterly mining disclosures as its business broadens beyond Bitcoin mining.




