Cipher Mining Grabs $1.1 Billion for Expansion—Zero Interest, All Growth Power
Cipher Mining, Inc. (NASDAQ: CIFR) shares have fallen more than 10% since the company first announced its convertible note offering on Thursday morning. Here's a look at why investors might be looking at the offering in the wrong light. CIFR stock is trading lower. See the real-time price-action here. Oversubscribed Offering Cipher's oversubscribed offering marks a significant financial milestone that accelerates the company's long-term growth ambitions.Read Next: Rigetti, D-Wave, IonQ Set To Disrupt Every ...