-
Cipher Mining (CIFR) Stock: Bitcoin Miner Pivots to AI with Google Partnership
Cipher Mining shares experienced wild swings Thursday as the company announced a major financing package and AI partnership that could reshape its business model. The stock initially plunged 17.5% before recovering with 5% gains in after-hours trading. The Bitcoin mining company upsized its convertible bond offering to $1.1 billion from an initial $800 million proposal. The zero-interest notes mature October 1, 2031, with a conversion price of $16.03 per share. This represents a 37.5% premium to the stock’s last closing price. Private institutional buyers can purchase an additional $120 million in notes within 13 ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From channelnewsasia.com|Sep 26, 2025Britain's biggest lenders are pushing ahead with plans to launch tokenised versions of customer deposits next year, a move that follows Bank of England Governor Andrew Bailey's ...
From sherwood.news|Sep 26, 2025Total liquidations in the crypto market exceeded $1.1 billion on Thursday, sparing no tokens, and prompting Glassnode analysts to say bitcoin “shows signs of exhaustion.” “Bitcoin ...
From blockworks.co|Sep 26, 2025Kraken has completed a $500 million funding round, valuing the crypto exchange at $15 billion, and marking a major step toward a potential initial public offering now expected in ...
-
- Newer Stories
From fool.com|Sep 26, 2025The Ethereum cryptocurrency fell 11.3% since last Friday's closing bell, according to data from S&P Global Market Intelligence. This drop, recorded at 12:20 p.m. ET on Sept. 26, ...
From thearmchairtrader.com|Sep 26, 2025Britons are warming to cryptocurrency. But for many, the obstacle has been access, not appetite. That may soon change. From October 8th, the Financial Conduct Authority (FCA) will ...
From decrypt.co|Sep 26, 2025A Tennessee couple who exploited their real estate connections to bilk investors out of millions through a fake crypto trading scheme has been ordered to pay over $6.8 million in ...
