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Bitcoin mining company Cipher Mining plans to raise $333 million by issuing senior secured notes.

2025-11-20 15:58

Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company Cipher Mining announced it will raise $333 million through a private placement of senior secured notes via its wholly-owned subsidiary, Cipher Compute. The new funds will be used to support the construction of its high-performance computing data centers to expand its Bitcoin mining and AI hosting businesses. (The Block)