Cipher Mining to Issue $1.4 Billion in Notes for Texas Data Center

2025-11-05 20:12

Cipher Mining, listed on NASDAQ as CIFR, has announced that its wholly-owned subsidiary, Cipher Compute LLC, plans to issue $1.4 billion in senior secured notes due in 2030. The proceeds from this issuance will be used to support the construction of a high-performance computing data center at Barber Lake, Texas. This strategic move aims to bolster the company's infrastructure capabilities in the region.

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