Cipher shares fell more than 17% as a drop in Bitcoin outweighed optimism over its new Google-backed hosting deal.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
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Google buys 5.4% of crypto miner Cipher Mining worth $1.4 billion
Google secured rights to buy 5.4% of Cipher Mining through a $1.5B equity deal. The deal is tied to Google backing $1.4B of ...
Google will receive the right to buy a 5.4% stake in Bitcoin miner Cipher Mining as part of a deal with AI computing company ...
Cipher Mining Inc (NASDAQ: CIFR) announced a landmark $3 billion artificial intelligence (AI) hosting agreement with Fluidstack today. The 10-year deal includes financial backing from Google as well – ...
By backstopping $1.4 billion in Fluidstack liabilities under a $3 billion, 10-year AI compute pact, Google acquired a 5.4% ...
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