Cipher Says Goodbye to Mining: $3.73 Billion Raised as It Bets Big on AI Infrastructure
Cipher Mining becomes Cipher Digital, sells bitcoin assets, raises $3.73B, and signs 600 MW HPC leases with AWS and Google.
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Google Flexes Financial Muscle: Investing in Neoclouds to Break Nvidia's AI Grip
Google ramps up its challenge to Nvidia by investing in startups like Fluidstack ($100M) and backing data-center partners to expand adoption of its cost-effective TPU AI chips amid supply challenges.
Starboard Pushes Riot Platforms: Time to Go All-In on AI Data Centers!
Activist investor Starboard Value urges Bitcoin miner Riot Platforms to accelerate its shift to high-power data centers for AI and hyperscalers, highlighting huge potential amid Bitcoin struggles.
Morgan Stanley Starts Coverage on TeraWulf and Cipher Mining with Overweight Ratings
Morgan Stanley gives Overweight ratings to TeraWulf and Cipher Mining, highlighting strong infrastructure experience and upside potential in bitcoin-to-data center conversions.
Cipher Mining Expands to Ohio with Major New Data Center Site
Cipher Mining acquires 200 MW site in Ohio for high-performance computing, marking first expansion outside Texas. Site to launch in 2027 with access to PJM market.
Citigroup Predicts Major Crypto Rally: Bitcoin to Hit $143K, Ethereum $4.3K
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.