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CleanSpark is up 21% in 2026. Time to take profits or buy more? Last updated Sep 27, 2026 Rūdolfs Klintsons from Pexels and ภาพของtridsanu Thophet via Canva Key Takeaways. * CleanSpark stock is up about 21% in 2026 even though fiscal Q3 revenue fell 31% year over year to $138 million on weaker Bitcoin output and prices. * A 20-year Sandersville lease adds $6.6 billion in contracted revenue and about $330 million in expected average annual net operating income once deliveries begin in Q4 2027. * A $2.28 billion secured note sale priced in September funds that build without new equity, and the lowest Street price target has climbed from $14 to $21. CleanSpark Stock Found a New Growth Case in a Georgia Lease. On March 31, CleanSpark (CLSK) closed at $8.51. Bitcoin mining was the whole story, and it wasn't a good one: the company had just posted net losses of about $378 million in each of its first two fiscal quarters. The stock rallied through spring, peaking near $19 in early June, then gave much of it back. The event that changed the investment case came on July 14. CleanSpark signed a 20-year triple-net lease with a high investment-grade technology company for its Sandersville, Georgia campus: 175 MW of critical IT load, $6.6 billion in base-term revenue, and up to $11.6 billion with two five-year extensions. Because the tenant carries taxes, insurance, and maintenance, management expects that revenue to convert to net operating income at close to 100%. The same tenant also took exclusivity over up to 885 MW in Texas. That piece is less certain. Governor Abbott ordered an audit of data center grid connections in early August, and CEO Matt Schultz said plainly on the Q3 2026 earnings call that "we don't know" what follows. The stock drifted as low as about $11 by early September. The Debt Deal Made the Lease Fundable. A signed lease still needed $1.75 billion to $2.1 billion in construction spending before the first data hall could open. The open question was who would pay for it. On September 17, CleanSpark proposed a $2.227 billion notes offering. It priced $2.276 billion of 7.875% senior secured notes due 2031 at 98.5% of par on September 18, then closed the offering on September 25.The financing reduces the immediate equity need, but CleanSpark remains exposed through a customary completion guarantee if the project's note proceeds prove insufficient. Proceeds cover the remaining build-out, reimburse equity already contributed, and fund debt service reserves. CleanSpark's parent-level role is a completion guarantee. Management had promised no equity or equity-linked raise for Sandersville, and the notes keep that promise. Shares climbed to about $15 before closing at $13.95 on September 25. Analysts have moved with the story. TIKR showed a $23.89 mean target and a $21 low target on September 25. The financing reduces the immediate equity need, but CleanSpark remains exposed through a customary completion guarantee if the note proceeds prove insufficient. Holdings fell to 13,703 coins in August as CleanSpark produced 593 Bitcoin and sold 821. Of that balance, 3,951 Bitcoin was posted as collateral or receivable in derivative transactions. Texas is the next test. The tenant holds exclusivity over the portfolio, not a signed lease, while final ERCOT determinations and commercial terms remain outstanding. A signed Texas lease would show the lease model can extend beyond Sandersville. A stalled deal leaves CleanSpark with one contract, a 2027 delivery date, and a mining business still tied to Bitcoin prices. Disclaimer: Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or its content team, nor are they recommendations to buy or sell any stocks. TIKR create its content based on TIKR Terminal's investment data and analysts' estimates. Its analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing! Table of Contents * Key Takeaways * CleanSpark Stock Found a New Growth Case in a Georgia Lease * The Debt Deal Made the Lease Fundable * Disclaimer: Stock Reviews Fundamental Analysis Join thousands of investors worldwide who use TIKR to supercharge their investment analysis.

CleanSpark closes $2.276 billion debt deal for Sandersville data center. The Defiant 2 hours ago 83 CleanSpark closed a $2.276 billion senior secured notes offering on Sept. 25 to finance its Sandersville, Georgia, data center, adding a 7.875% annual interest obligation as the Bitcoin miner expands into leased computing infrastructure. The issuer, wholly owned subsidiary CSDC Finance I, plans to... Read the full story at The Defiant BitRss shares this Content always with License. Screenshot generated in real time with SneakPeek Suite * homepage * crypto and laws * CleanSpark closes $2.276 billion debt deal for Sandersville data center.

CleanSpark closes $2.276B debt financing as miner builds for its next expansion. Last Updated: September 26, 2026 4:30 pm 2 mins read Tl;dr. * CleanSpark has completed the closing of $2.276 billion in senior secured notes. * The Bitcoin miner says proceeds will support data-center expansion and refinancing of existing credit facilities. * The financing has closed, making this different from an earlier announcement of a proposed debt raise. CleanSpark has completed one of the largest financing transactions of the year for a publicly traded Bitcoin miner, closing $2.276 billion of senior secured notes. The company announced the completed transaction late on September 25, moving the financing from a capital-markets proposal into cash that can now be deployed across the business. CleanSpark is funding more than Bitcoin miners. CleanSpark says the proceeds will be used in part to expand its data-center infrastructure and refinance existing debt. BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Play Now! That distinction matters as the economics of the mining sector continue to change. Bitcoin miners still earn revenue by operating ASIC hardware and selling or holding the BTC they produce. But power contracts, substations, land and large data-center campuses have become valuable assets in their own right as demand for high-performance computing and AI infrastructure grows. CleanSpark has been building around that overlap. A large secured financing gives the company additional capital to expand sites without relying entirely on equity issuance or selling Bitcoin reserves. The notes were placed with qualified institutional buyers under Rule 144A, a structure commonly used by public companies to raise debt from large investors without conducting a conventional public bond offering. Debt gives miners capital, but it also changes the risk. The size of the deal is notable. Mining is a capital-intensive business, and borrowing more than $2 billion introduces a significant fixed obligation onto the balance sheet. That can work well when operating cash flow is strong and infrastructure investment generates attractive returns. It becomes more uncomfortable when Bitcoin prices fall, mining difficulty rises or power economics deteriorate. That tension has always existed in the sector. Mining companies need to spend heavily to stay competitive, but taking on too much capital-market risk can turn a downturn into a balance-sheet problem. CleanSpark appears willing to make the trade. The company has spent the past several years increasing scale, upgrading its fleet and accumulating infrastructure in the United States. Closing the $2.276 billion financing gives it substantially more firepower to continue that strategy. The important word here is "closing." This is no longer a plan to raise money. The transaction has been completed, and CleanSpark now has to show what that capital can produce. Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.