NasdaqGS:CIFRSoftware
Cipher Digital Leans Into AI Data Centers As Bitcoin Exit Accelerates
Cipher Digital (NasdaqGS:CIFR) signed its third long term AI and high performance computing data center campus lease with an investment grade hyperscale tenant.
The company completed a $2b high yield bond offering and closed a $200m revolving credit facility to fund its Black Pearl project and support further expansion.
Cipher Digital has started winding down its Bitcoin mining operations, targeting a full exit and asset repurposing for HPC opportunities by the end of 2027.
Cipher Digital...