CleanSpark to End Monthly Mining Updates as Data Center Business Expands
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Key Takeaways
- CleanSpark closed a $2.276 billion senior secured notes offering at 7.875% interest to fully fund the Sandersville data center project.
- The company reported September 2026 bitcoin production of 529 bitcoins and year-to-date production of 5,432 bitcoins.
- CleanSpark will transition from monthly to quarterly operational reporting starting in the new fiscal year.
CleanSpark (NASDAQ: CLSK) will discontinue monthly operational updates and shift to quarterly reporting, ending a regular snapshot of its bitcoin mining business as it expands into data-center development.
The Nasdaq-listed company announced the change in its September production report on Oct. 9, saying the new schedule would align it with energy and data center peers. The change will leave investors with fewer scheduled updates between earnings reports on bitcoin production, computing power and treasury activity. Those disclosures have provided a way to track mining performance and coin sales as CleanSpark grew to one of the largest bitcoin mining companies in the U.S.
The shift comes as its Sandersville, Georgia, development advances. The company previously disclosed a 20-year data-center lease expected to generate about $6.6 billion in revenue over its initial term. The project includes 175 megawatts of critical IT capacity, with deliveries expected to begin in the fourth quarter of 2027.
Its subsidiary closed a $2.276 billion offering of senior secured notes on Sept. 25. The debt carries a 7.875% coupon and matures in 2031.
