CleanSpark plans to raise $2.227 billion through a private placement of senior secured notes due in 2031 to complete its Sandersville data center campus in Georgia. CSDC Finance I LLC would issue the notes, guaranteed by CSRE Properties Sandersville LLC and secured by first-priority liens on most project assets. Proceeds would also repay earlier equity investments and fund debt-service reserves, while CleanSpark would provide additional completion funding if necessary. The debt structure does not include conversion into shares, avoiding direct shareholder dilution under the proposed terms. Meta has been identified as the confirmed anchor tenant for Sandersville, where a 20-year agreement covers 175 megawatts of compute capacity and carries $6.6 billion of contracted revenue commitments. CleanSpark shares closed near $13.40, up 4.73%, following the announcement. The company produced 593 Bitcoin in August and held 13,703 BTC at month-end.