Cipher Mining Inc. Announces Pricing of $333 Million of Additional Senior Secured Notes
Summary
Cipher Mining priced $333 million of additional senior secured notes to fund construction at its Barber Lake high-performance computing data center in Texas. The company will use the proceeds to support additional facilities within the site and expects the offering to close around November 24, 2025. Cipher says the facility supports bitcoin mining and HPC hosting, which keeps the announcement relevant to infrastructure and cloud-adjacent software buyers and partners. The note issuance increases the company’s leverage and signals continued investment in capacity expansion.
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$100M to $250M