Cipher Mining Secures $1.1B Funding For Expansion Plan
Key Highlights: Cipher Mining is upsizing its private offering of 0.00% convertible notes from $800 million to $1.1 billion, indicating a strong investor interest. The notes carry a conversion price of $16.03 per share which is about 37.5% above the last trade which was at $11.66. This offers investors flexible settlement in cash, stock…
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