Cipher Mining Inc is a New York-based technology firm focused on the development and operation of large-scale bitcoin mining data centers across the United States. Founded in 2020, it operates as a key player in the digital currency mining industry, leveraging advanced technology to mine bitcoin efficiently. As a subsidiary of Bitfury Holding B.V., Cipher Mining is at the forefront of transforming energy into digital assets.
Blue Owl just handed IREN a massive GPU financing deal, but the coupon rate buried in the fine print reveals something uncomfortable about how Wall Street really values this emerging asset class.
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