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Cipher Digital Doubles Down On AI With $810M Note Offering — Analyst Says Lease Terms Hit ‘High End’
Cipher's stock rose over 3% in early trade as the raise marked the latest step in its shift from Bitcoin mining toward AI and high-performance computing infrastructure.
Cipher Digital pivots from Bitcoin mining to AI data center landlord with $11.4B leases. Click for more on CIFR stock.
You read that right -- Cipher fell short of analysts' consensus earnings and revenue estimates, but the stock soared anyhow. The company's Bitcoin mining revenue nearly tripled year over year, from ...
Cipher Mining signed $5.5 billion, 15-year lease deal with AWS to deliver 300 MW of AI computing capacity by the end of next year. Crypto miners like Cipher are increasingly shifting into AI ...
View Cipher Digital Inc. CIFR stock quote prices, financial information, real-time forecasts, and company news from CNN.
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