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News  ›  Benzinga

Cipher Mining Inc. Announces Proposed Offering of $1.4 Billion of Senior Secured Notes

Benzinga Logo Benzinga By Globe Newswire
Cipher Mining Inc. Announces Proposed Offering of $1.4 Billion of Senior Secured Notes

Cipher Mining Inc. plans to offer $1.4 billion in senior secured notes due 2030, intending to use proceeds to finance construction of the Barber Lake Facility, a high-performance computing data center near Colorado City, Texas.

Insights
JHX   neutral

Only briefly mentioned in supplementary text with no detailed context provided


CIFR   neutral

The company is seeking significant financing for infrastructure expansion, which indicates strategic growth but also potential financial complexity