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Cipher Mining Announces $50 Million PIPE Investment from SoftBank Group

Provided By GlobeNewswire

Last update: Jan 30, 2025

NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today announced a $50 million investment from SoftBank Group Corp. (TSE: 9984, SoftBank”), one of the world’s most prominent investment holding companies. The $50 million PIPE investment will support Cipher’s HPC data center development business and establish SoftBank as a significant primary investor in Cipher.

Read more at globenewswire.com

GOOD WORKS ACQUISITIO -CW25

NASDAQ:CIFRW (2/25/2025, 12:48:11 PM)

0.8301

-0.24 (-22.42%)


CIPHER MINING INC

NASDAQ:CIFR (2/25/2025, 12:50:00 PM)

3.9877

-0.97 (-19.6%)



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