Cipher Mining Raises $1.4 Billion to Complete Texas Data Center Project

TLDR: Cipher Mining priced $1.4B in senior secured notes at 7.125%, maturing in 2030. Funds will complete construction of the Barber Lake data center in Texas. The offering targets institutional buyers under Rule 144A of the Securities Act. Cipher guaranteed project completion through secured collateral and funding commitments. Cipher Mining Inc. has priced $1.4 billion [...]

The post Cipher Mining Raises $1.4 Billion to Complete Texas Data Center Project appeared first on Blockonomi.