Cipher Mining Inc is trading 4.4% up now at $23.43 after its Stingray Compute unit launched an $810 million senior secured notes offering to fund a fully pre-leased high-performance computing data center with Amazon Web Services.
- The $810 million offering will finance the development of a dedicated high-performance computing (HPC) facility secured by a long-term lease agreement with Amazon Web Services (AWS).
- Positive momentum is supported by a broader rebound in the cryptocurrency market, with Bitcoin and Ethereum gaining 3–4%, lifting sentiment for crypto-infrastructure and AI/HPC-linked stocks.