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Bitcoin mining company Cipher Digital has secured a credit of 200 million dollars to accelerate its HPC expansion.

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PANews
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1 hour ago
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PANews news on May 5, according to Globenewswire, Nasdaq Bitcoin mining company Cipher Digital announced that it has obtained a $200 million revolving credit line supported by several global financial institutions. The new funds will be used to enhance liquidity and continue expanding the capabilities of AI and HPC data center platforms. In addition, the company disclosed in its Q1 financial report that revenue reached $35 million and completed the signing of a lease agreement for a third artificial intelligence data center campus.

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