Cipher Mining (NASDAQ: CIFR) announced plans to issue $800 million in convertible senior notes due 2031 in a private placement to qualified institutional buyers. The company will also offer an option to purchase an additional $120 million in notes. Proceeds will fund data center construction in Barber Lake, support a 2.4 GW high-performance computing strategy, and expand development sites.
Cipher Mining to Raise $800 Million Through Convertible Notes
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