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Google Just Made Cipher Mining An AI-Crypto Hybrid Bet - Cipher Mining (NASDAQ:CIFR)
Benzinga·2025-09-25 18:18

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, 5billionAIhostingdeal.TrackCIFRstockhere.Thestructureeffectivelybackstops5 billion AI hosting deal.Track CIFR stock here.The structure effectively backstops 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 ...