Cipher Mining Announces $1.1 Billion Notes Offering

Cipher Mining ( (CIFR) ) has provided an announcement.

On September 25, 2025, Cipher Mining Inc. announced the pricing of its $1.1 billion convertible senior notes due 2031 in a private offering to qualified institutional buyers. The offering size was increased from the previously announced $800 million, and the notes are set to settle on September 30, 2025. The proceeds will be used to fund data center construction, accelerate HPC strategy, expand development sites, and for general corporate purposes. The issuance is expected to impact Cipher’s market positioning by supporting its growth in bitcoin mining and HPC hosting, potentially affecting the market price of its common stock through associated financial transactions.

The most recent analyst rating on (CIFR) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Cipher Mining stock, see the CIFR Stock Forecast page.

Spark’s Take on CIFR Stock

According to Spark, TipRanks’ AI Analyst, CIFR is a Neutral.

Cipher Mining’s overall stock score reflects financial challenges and valuation concerns, offset by positive technical indicators and promising strategic initiatives highlighted in the earnings call. The company’s ability to manage debt and exceed operational targets suggests potential for future growth, but profitability and cash flow issues remain significant risks.

To see Spark’s full report on CIFR stock, click here.

More about Cipher Mining

Cipher Mining Inc. is a company focused on the development and operation of industrial-scale data centers for bitcoin mining and high-performance computing (HPC) hosting. The company aims to be a market leader in innovation, particularly in bitcoin mining growth, data center construction, and as a hosting partner for the world’s largest HPC companies.

Average Trading Volume: 38,642,341

Technical Sentiment Signal: Buy

Current Market Cap: $5.56B

See more data about CIFR stock on TipRanks’ Stock Analysis page.