Google Just Made Cipher Mining An AI-Crypto Hybrid Bet - Cipher Mining (NASDAQ:CIFR)
Cipher Mining Inc (NASDAQ: CIFR) just landed one of the most eye-catching endorsements in crypto infrastructure: Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). Google took a 5.4% stake in the Bitcoin (CRYPTO: BTC) miner, securing roughly 24 million warrants as part of a 10-year, 1.4 billion in financing tied to Cipher's Texas data center buildout. For investors, that transforms Cipher from a niche miner into a leveraged bet ...