CleanSpark is trading at $13.35 (+4.38%) in pre-market following the announcement of a proposed offering of $2.227 billion senior secured notes due 2031. The net proceeds from the offering are intended to finance the remaining cost of the Sandersville data center facility, a key part of its AI data-center strategy. The strategy includes a $6.6 billion, 20-year Sandersville lease and Texas power capacity.