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CleanSpark Plans $2.227 Bln Senior Secured Notes Offering Due 2031

Source: Nasdaq

Crypto & Digital AssetsCredit & Bond MarketsCompany Fundamentals

CleanSpark subsidiary CSDC Finance I plans to issue $2.227 billion of senior secured notes due 2031. The proposed debt financing is a material capital-markets event for the bitcoin miner, potentially supporting funding needs while increasing leverage and interest-cost exposure.

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