
CleanSpark closes $2.27B bond offering for Georgia data center
- —Offering size: $2.27 billion at 7.875% coupon
- —Georgia data center capacity: 175 MW
- —Project tied to a 20-year lease
- —Proceeds fund construction and debt reserves
Why it matters: The large debt raise signals miners keep pivoting to AI and HPC infrastructure despite bitcoin's price swings.
Source: ForkLog