Cipher Digital plans to issue $850 million in convertible bonds to raise funds for its data center projects.
1 hours ago
Nasdaq-listed crypto/blockchain firm Cipher Digital (CIFR) plans to raise $850 million by issuing zero-coupon convertible notes to support its Barber Lake project and expand its high-performance computing (HPC) data center business. In an October 13 announcement, the company said the private placement could be upsized to up to $1 billion if initial purchasers exercise their option to buy an additional $150 million in notes. Additionally, Cipher plans to exchange some of its existing convertible notes—carrying a 1.75% coupon rate and maturing in 2030—for common stock. The financing comes after the firm adjusted development plans for its Barber Lake project in Colorado City, Texas; those changes extended the project’s contract term while increasing Cipher’s construction costs. In September, Cipher noted an agreement with Fluidstack and an unnamed AI lab would extend the facility’s lease term from 10 years to 20 years, lifting contracted revenue from $3.8 billion to over $9 billion.
predict.fun has officially launched its League of Legends World Championship prediction event, with a prize pool of $250,000.
18 minutes ago
The US stock market's storage sector opened sharply lower, with Western Digital falling more than 7%.
18 minutes ago
MoonPay appoints Anne Giviskos as Chief Financial Officer for Global Operations.
18 minutes ago
OpenCode 2.0 has rewritten its underlying layer: MCP tools can be connected via code, and multiple agents can run in parallel in the background.
18 minutes ago
Trezor announced it has decided to reduce the number of its distributors to mitigate supply chain risks.
18 minutes ago
Bitcoin and Ethereum ETFs See Massive Outflows: $788 BTC and 29,926 ETH Withdrawn in 24 Hours
18 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

