Home Cryptocurrency Bitcoin Miner Cipher looks to sell up to $250 million in stock

Bitcoin Miner Cipher looks to sell up to $250 million in stock

by SuperiorInvest

Bitcoin miners have been struggling this year as the price of Bitcoin has fallen about 60% and energy prices are rising around the world. Despite these headwinds, some are back in the market to raise the capital needed to finance their development. Earlier on Friday, miner Iris Energy (IREN) he announced deal with investment bank B. Riley to sell up to $100 million in equity.

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