CleanSpark completes $2.3B senior secured notes offering via subsidiary

Bitcoin miner CleanSpark said on its official X account that it has completed a $2.276 billion offering of senior secured notes through its subsidiary CSDC Finance I, LLC. The notes carry a 7.875% annual interest rate and mature in 2031. As of Aug. 31, CleanSpark held 13,703 BTC, and its cumulative Bitcoin production for the year stood at 4,900 BTC as of the end of August.