Odaily Planet Daily News: Nasdaq-listed Bitcoin mining company Cipher Mining announced plans to issue senior secured notes to qualified institutional investors based on market conditions and other factors, with a total fundraising amount of $2 billion. The guarantors for this fundraising transaction are Cipher Black Pearl and 11786 Wink LLC. It is reported that the net proceeds from this issuance will be used to cover the remaining construction costs of the high-performance computing data center in Wink, Texas, provide debt reserve funds, and pay related fees and expenses. (Globenewswire)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Are Investors Rotating Out of Gold Into Bitcoin?
Gold’s recent decline has extended into its worst losing streak in more than a century, last seen in February 1920. Prices have retreated over 25% from January highs. It even dipped briefly to $4,090 before staging a partial recovery to about $4,455 midway through the week.
Despite speculation
CryptoPotatoJust Now
Bitcoin Price Drops Below $70K as Short-Term Holders Hit Mass Capitulation
After another unsuccessful attempt to decisively reclaim the $72,000 resistance, bitcoin’s price dipped by two grand again, slipping below $70,000.
Popular analyst Michaël van de Poppe weighed in on BTC’s longer-term performance, explaining why the current environment could be a “great time to
CryptoPotato7m ago
Bitcoin may drop below $60,000: The breakeven period could extend to 2027, and the selling pressure from whales intensifies the downside risk.
Recent data shows that if Bitcoin falls below $60,000 again, the time for the market to recover to its historical high could be delayed until 2027. Analysts believe that the current pullback and market conditions suggest there is still room for further downside, coupled with increased selling by whales, which intensifies the pressure on market recovery.
BlockBeatNews53m ago
Spot Bitcoin ETFs End Four-Week Inflow; Capital Avoids Directional Risk
Spot Bitcoin exchange-traded funds (ETFs) shifted gears this week, snapping a four-week streak of inflows and posting a net outflow of $296.18 million for the period ending Friday. The reversal comes after a sustained run that had drawn more than $2.2 billion into spot BTC ETFs over the prior four w
CryptoBreaking56m ago
