CleanSpark aims to secure 1.15 billion USD to enhance its Bitcoin mining and AI infrastructure

CleanSpark is raising 1.15 billion USD via a senior convertible bond offering, with net proceeds estimated at 1.13 billion USD and a potential of 1.28 billion USD.

The funds will be allocated for stock repurchases, asset expansion, and infrastructure development, strengthening CleanSpark’s position as the second-largest Bitcoin mining company globally.