CleanSpark said its wholly owned subsidiary, CSDC Finance I, LLC, completed a private placement of $2.276 billion in senior secured notes carrying a 7.875% annual interest rate and maturing in 2031. The securities have not been registered under the Securities Act of 1933 and cannot be offered or sold in the United States unless registered or covered by an applicable exemption. As of Aug. 31, CleanSpark held 13,703 BTC and had produced 4,900 BTC cumulatively during the year.