Happy to announce the closing of our upsized $1.15 billion 0% coupon note convertible at a premium of 27.5%. The $460m share buyback represents an immediate reduction in ~10.9% of our outstanding shares, as we are confident in where this business is headed. The transaction also provides dry powder to fuel our hunt for power & land for AI & HPC. ⚡☢️🏢 Don't worry....our #bitcoin roots stay deep! 🌳 Thank you to Cantor Fitzgerald & BTIG who were active book runners on the deal. This was a big push and record setting in a number of ways. CleanSpark
CleanSpark has announced the closing of our upsized $1.15 billion zero-coupon convertible notes offering. “This transformative $1.15 billion offering marks a defining moment in CleanSpark’s growth as a leading energy and infrastructure compute platform, strengthened by the support of world-class institutional investors,” said S. Matthew Schultz, CleanSpark Chairman and Chief Executive Officer. “Our repurchase of more than 10% of our outstanding shares for approximately $460 million reinforces our confidence in the business we’re building and our commitment to long-term value creation. This capital empowers us to expand our power portfolio and meet the accelerating demand for high-performance and AI-driven data center infrastructure.” Read the full press release here: https://lnkd.in/eYQuCPVb
Congratulations.
Congrats Garry ! Great timing !
Congratulations! We have a 5000 acre piece of farm land out in northern Nevada with 20,000 acre feet of water rights. Let’s discuss as could be perfect to build a data center out there with you guys.