Financely · Digital Infrastructure
Funding for Bitcoin Mining Facilities
Building a Bitcoin mining operation is capital-intensive. From site acquisition and substation upgrades to ASIC rigs and cooling, the upfront spend is measured in tens of millions. We raise equity, mezzanine, and construction finance
for mining facilities with credible sponsors. Our structures account for power costs, hosting contracts, and hashrate economics. Minimum project size $10M.
Bottom line:
If your project has secured power and a clear equipment plan, there is capital for it. Facilities funded up to utility scale.
1. How Mining Facility Financing Works
Capital stacks for mining facilities combine real assets with digital revenue streams. Investors look at site control, energy contracts, equipment sourcing, and operating model. Equity funds the build and balance sheet. Debt or unitranche facilities accelerate scaling and hedge dilution. Offtake or hosting contracts add bankability to the plan.
- Site & Power:
Equity and early-stage funds to secure land, permits, and utility interconnects.
- Construction:
Debt or unitranche capital for building out substations, containers, or immersion cooling.
- Equipment:
Structured leases or loans for ASIC miners and servers.
- Operations:
Working capital facilities to fund hosting, payroll, and maintenance.
2. Instruments We Arrange
- Equity & JV Capital:
For land, substation, and long-lead items.
- Unitranche Facilities:
Single-lender structures combining senior and mezz debt for speed.
- Equipment Finance:
Leases or secured loans tied to ASIC miners and rigs.
- Construction Loans:
Drawdown-based loans matched to build milestones.
- Mezzanine Debt:
Flexible capital bridging equity and senior debt.
- Offtake/Prepay Structures:
Power or hosting partners funding capex against contract commitments.
3. What Investors Expect To See
- Site control, permits, and power purchase agreement (PPA) or utility tariff.
- Equipment sourcing plan with supplier contracts or deposits.
- Financial model with hashrate projections, breakevens, and downside cases.
- Legal structure with SPV and treasury policy for fiat/crypto conversion.
- Insurance, ESG, and HSE measures for facility and workforce.
- Exit plan: refinance, token-backed debt, or scale-up capital.
4. How Financely Helps
We build credible mining finance cases by pressure-testing power contracts, equipment sourcing, and economics. Our role is to structure the capital stack, underwrite risks, and place the deal with funds and lenders who actually finance digital infrastructure.
- Capital stack design blending equity, unitranche, and mezzanine tranches.
- Underwriting of power and equipment contracts
for investor confidence.
- Placement with crypto-specialist funds, digital infra lenders, and family offices.
- Integration of offtake, hosting, and prepay agreements into financing.
- Data room build, diligence sessions, and investor closing process.
5. Process & Timeline
- Week 1–2:
Data review, red-flag memo, financing plan, target list.
- Week 3–5:
Investor outreach, indicative terms, technical and legal diligence.
- Week 6–8:
Final terms, docs, and first drawdown schedule.
- Routine facilities:
45–75 days from mandate to first funding, subject to compliance and contracts.
6. Indicative Term Sheet
Short-form, non-binding outline of the criteria a mining facility must meet before Financely will scope a mandate. Pricing, advance rates, and covenants are set only after underwriting. This is not a commitment to lend, invest, or arrange capital.
| Item |
Indicative term |
| Borrower |
Project SPV, bankruptcy-remote where the structure requires it. Sponsor remains on the hook for completion support and any agreed bad-boy carve-outs. |
| Minimum size |
$10 million
total project capital. Utility-scale facilities considered. Smaller tickets are outside mandate. |
| Instruments |
Equity or JV capital, unitranche, construction loan, equipment lease or secured loan, mezzanine, offtake or hosting prepay. Stack blended to the power contract and equipment plan. |
| Use of proceeds |
Land or site control, permits, interconnect and substation, containers or immersion cooling, ASIC fleet, commissioning, and a defined working-capital reserve. No general corporate use. |
| Power — required |
Site control plus a PPA, utility tariff, or binding interconnect path. Priced megawatts, tenor, curtailment, and escalation must be in the model. Unsecured “power in discussion” is not bankable. |
| Equipment — required |
Named OEM or distributor, delivery schedule, deposits or purchase contracts, efficiency (J/TH), and a hosting or self-mine operating plan. |
| Model — required |
Hashrate, uptime, power price, pool fees, breakeven BTC price, and downside cases. Fiat treasury policy for conversion and debt service. |
| Security |
First-ranking charge over SPV assets, ASIC fleet, and site rights. Assignment of power, hosting, and offtake contracts. Account control. Insurance and step-in rights. |
| Sponsor test |
Credible operator or development sponsor, clean KYC/AML, disclosed ownership, and a completion plan. Insurance, ESG, and HSE pack for site and workforce. |
| Conditions precedent |
Permits, power documents, equipment contracts, independent model review, insurance, legal opinions, and a drawdown schedule tied to build milestones. |
| Exit |
Refinance on stabilised hashrate, scale-up equity, or contracted hosting cash flow. Token-backed debt only where the treasury policy and lender criteria allow it. |
| Advisory fees |
Retainer $200,000
on signing. Success fee 2.5%
of proceeds raised, payable at funding. Best efforts. Not success-only. |
| Timing |
Routine facilities: 45–75 days from mandate to first funding, subject to compliance, contracts, and investor process. |
| Status |
Indicative only. Subject to underwriting, investor appetite, compliance review, and market conditions. No funding is guaranteed. |
Fees
Retainer: $200,000
on signing. Success fee: 2.5%
of proceeds raised, payable at funding. Best-efforts. Subject to underwriting, investor appetite, and compliance.
Ready To Fund Your Bitcoin Mining Facility
Equity, mezzanine, and unitranche facilities placed with funds that understand mining economics.
Talk To Financely About Mining Finance
Share your site, power contracts, and capex plan. We will respond with scope, fees, and a financing strategy tailored to your facility.
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Disclaimer: This page is for information purposes only and does not guarantee funding. The term sheet is indicative and non-binding. All capital raising is subject to underwriting, investor appetite, compliance review, and market conditions. Bitcoin mining carries technology, power, market, and regulatory risks. Seek professional legal, tax, and technical advice before committing to any financing.