Bitcoin Mining Data Center Financing
Building or scaling a Bitcoin mine is a power and capital game. Switchgear, transformers, interconnects, racks or immersion, plus firm energy strategy. We raise the stack for credible sponsors: equity for build and ramp, mezzanine for speed, and senior construction debt for scale. We also set up a tax-efficient corporate structure
and capture available incentives.
Bottom line:
If your power is real, permits are in motion, and your model survives stressed BTC and difficulty, we can take it to market. Minimum project size $10M.
1. What We Arrange
Capital solutions for new builds, expansions, and efficiency upgrades across air-cooled and immersion sites with contracted or behind-the-meter power.
- Equity:
Project or holdco equity for site control, EPC, and initial ASIC batches.
- Mezzanine:
Second-lien or unsecured solutions to accelerate installs and energization.
- Construction Finance:
Senior facilities for civil, electrical, mechanical, and interconnect.
- Entity Structuring & Incentive Capture:
Jurisdiction selection, SPV design, accelerated depreciation elections, and local data center abatements where available.
2. Indicative Term Sheet
Terms are deal-specific and subject to underwriting. Ranges below are directional for qualified sponsors.
| Use of Proceeds
|
EPC, switchgear, transformers, racks or tanks, interconnect, site works, initial ASIC tranches, working capital |
| Instruments
|
Equity, Mezzanine Debt, Senior Construction Debt |
| Facility Size
|
USD 10M to 250M+ (single site or multi-site program) |
| Advance Rate
|
Up to 60%–75% of eligible hard costs, subject to covenants |
| Pricing Guide
|
Senior: SOFR + 600–900 bps; Mezzanine: 12%–18% plus fees or PIK; Equity: negotiated |
| Tenor
|
12–36 months for construction and ramp; takeout with term debt or equity |
| Security
|
First lien on project assets, equipment, accounts, contracts, and site improvements; mezz junior position |
| Key Covenants
|
Ramp and energization milestones, BTC price and difficulty cases, minimum DSCR at stabilized run-rate, equity cushion, cash reserves |
| Conditions
|
Permits, interconnect status, bankable EPC, transformer lead times locked, power contract executed, offtake or hedging policy |
3. Power & Site Eligibility
- Contracted power with transparent tariff and curtailment rules, or behind-the-meter with firm fuel or generation plan.
- Interconnect application status and estimated in-service date.
- One-line diagrams, load studies, and transformer procurement timeline.
- Site control documents: lease, purchase option, or deed.
- For immersion: heat rejection design, fluid spec, and tank vendor contracts.
4. Documentation Checklist
- Business plan, detailed model with BTC price and difficulty cases, sensitivity table, and capex phasing.
- Power agreements, substation and interconnect correspondence, permits, EPC contract and schedule.
- Equipment invoices and delivery schedules for transformers, switchgear, racks or tanks, and ASICs.
- Organizational chart, SPV docs, ownership and board, policies for treasury and hash price risk.
- Insurance quotes, environmental reports, and site geotech if applicable.
5. Process & Timeline
- Week 1–2:
Data room review, red flag memo, structuring plan, and investor short list.
- Week 3–6:
Indicative terms and Q&A, site call, EPC and power diligence, model stress cases.
- Week 7–10:
Final terms, docs, CP checklist, and initial draw mechanics.
- Routine transactions:
45–90 days from mandate to first draw, subject to interconnect and equipment lead times.
Fees
Retainer: $200,000
payable on signing the mandate. Success fee: 2.5%
of proceeds raised, payable at funding. All mandates are best-efforts and subject to underwriting and compliance.
Ready to Finance Your Bitcoin Mine
We structure equity, mezzanine, and construction debt, then place it with the right investors and lenders. We also design the entity stack for tax efficiency and incentive capture.
Talk To Financely About Data Center Financing
Share your site details, power plan, and capital needs. We will respond with scope, fees, and a financing plan tailored to your project.
Contact Us
Disclaimer: This page is for information only and does not guarantee funding. All capital raising is subject to underwriting, investor appetite, compliance review, and market conditions. Bitcoin mining carries price, difficulty, power, and regulatory risk. Seek professional legal, tax, and technical advice before committing to any financing.