💥 Gate Square Event: #PostToWinCC 💥
Post original content on Gate Square related to Canton Network (CC) or its ongoing campaigns for a chance to share 3,334 CC rewards!
📅 Event Period:
Nov 10, 2025, 10:00 – Nov 17, 2025, 16:00 (UTC)
📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
CandyDrop: https://www.gate.com/announcements/article/48092
Earn: https://www.gate.com/announcements/article/48119
📌 How to Participate:
1️⃣ Post original content about Canton (CC) or its campaigns on Gate Square.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostTo
CleanSpark will raise $1 billion through the issuance of convertible bonds to expand operations.
The Bitcoin mining company CleanSpark plans to raise 1 billion USD through non-interest bearing convertible senior notes maturing in 2032, in order to expand operations and enhance infrastructure capacity. Approximately 400 million USD will be used for acquisition of shares, with the remaining portion serving to expand the energy portfolio, land funds, develop AI data centers, and pay off Bitcoin stake credit debt.
Convertible bonds can be converted into cash or stock, are unsecured senior debt obligations, and do not pay periodic interest. The offering is advised by Cantor Fitzgerald and BTIG, with a valuation expected before the U.S. market opens.
Last month, CleanSpark acquired 271 acres of land in Texas to develop an AI data center. The company's stock fell 3.47% to 15.03 USD, but is still up 63% year-to-date, continuing the trend of cryptocurrency companies raising funds through convertible bonds.