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Bitcoin Miner Cipher Secures $50 Million Investment From Softbank

Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Inves...

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Bitcoin Miner Cipher Secures $50 Million Investment From Softbank
Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.4 million shares of Cipher’s common stock, with the funds directed […]

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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