🟢 Cipher Mining Inc is trading 4.3% up today after $810M notes offering for AWS data center

Cipher Mining Inc is trading at $23.41 (up 4.3%) in pre-market after its unit Stingray Compute LLC announced an $810 million senior secured notes offering to fund a high-performance computing data center with Amazon Web Services.

• The "Stingray" data center project is fully pre-leased to AWS, representing a major expansion into high-performance computing (HPC) infrastructure.
• The stock is also seeing support from a firmer cryptocurrency market, with Bitcoin and Ethereum both trading up in the low single digits.