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Bitcoin Miner Cipher Secures $50 Million Investment From Softbank

February 2, 2025
in Crypto Mining
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Cipher Mining Inc. introduced a $50 million non-public funding in public fairness (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder within the firm. Softbank Turns into Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction entails Softbank buying roughly 10.4 million shares of Cipher’s widespread inventory, with the funds directed […]



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