Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.4 million shares of Cipher’s common stock, with the funds directed […]
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Key TakeawaysBitcoin’s seven-day average hashrate reclaimed 1 ZH/s for the first time since March 3.More efficient mining hardware and smaller operators are helping offset the industry’s pivot toward...
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