According to Globenewswire, Cipher Digital, a Nasdaq-listed bitcoin miner, secured a $200 million revolving credit facility from global financial institutions to enhance liquidity and accelerate its AI and high-performance computing (HPC) data center platform expansion. The company reported Q1 revenue of $35 million and completed the lease agreement for its third AI data center facility.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
MicroStrategy Gains 63,410 BTC This Year, Now Holds 3.9% of Total Bitcoin Supply
According to Michael Saylor on X, MicroStrategy gained 63,410 BTC this year, valued at approximately $5.1 billion. The company currently holds 3.9% of the total Bitcoin network supply.
GateNews2m ago
SOL Strategies Acquires Cross-Chain Aggregator HoudiniSwap for $18 Million
According to The Block, Nasdaq-listed Solana ecosystem company SOL Strategies announced a definitive acquisition agreement with HoudiniSwap for $18 million. The deal structure comprises $8.25 million in cash, $5.75 million in six-month notes, and $4 million in STKE stock based on the 90-day volume-w
GateNews21m ago
Bitcoin Rebounds 30% From $60K Lows, ARK Projects $16 Trillion Market Value by 2030
According to ARK Invest report, Bitcoin rebounded approximately 30% from recent $60,000 lows on May 5, driving renewed expectations for a new "super cycle." The firm projects Bitcoin's market value will grow at a compound annual rate of about 63% over the next five years, rising from the
GateNews25m ago
U.S. Pre-Market Crypto Stocks Surge Overnight, CRCL Up 4.83%
According to msx.com, U.S. pre-market crypto stocks surged overnight, with CRCL rising 4.83%, MSTR up 3.13%, ABTC up 4.27%, RIOT up 1.61%, and SBET up 1.85%.
GateNews32m ago
Global Crypto ETPs Record $117.8M Inflows Last Week, Extending Five-Week Streak
According to CoinShares, global crypto investment products managed by asset managers including BlackRock, Bitwise, Fidelity, and Grayscale recorded $117.8 million in net inflows last week, marking the fifth consecutive week of positive flows and bringing the five-week total to over $4
GateNews35m ago
Quantum Leap Completes $200M IPO, Seeks Blockchain and AI Acquisitions
According to Businesswire, on May 5, special purpose acquisition company Quantum Leap completed a $200 million initial public offering and began trading on the New York Stock Exchange under the ticker symbol QLEPU. The company plans to deploy proceeds to pursue acquisitions and merger transactions i
GateNews1h ago
