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Cipher Mining Announces $800M Convertible Notes Offering

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Cipher Mining Announces $800M Convertible Notes Offering

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

On September 25, 2025, Cipher Mining Inc. announced its intention to offer $800 million in convertible senior notes due 2031 in a private offering to qualified institutional buyers. The proceeds will be used to finance data center construction at Barber Lake, accelerate the company’s HPC strategy, expand its development pipeline, and for general corporate purposes. This move is expected to enhance Cipher’s operational capacity and strengthen its position in the data center and bitcoin mining industry.

The most recent analyst rating on (CIFR) stock is a Buy with a $13.00 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 leading developer and operator of industrial-scale data centers, focusing on bitcoin mining and high-performance computing (HPC) hosting. The company aims to be a market leader in innovation within these sectors.

Average Trading Volume: 37,265,674

Technical Sentiment Signal: Buy

Current Market Cap: $5.56B

For detailed information about CIFR stock, go to TipRanks’ Stock Analysis page.

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