[Bitcoin Mining Company Cipher Mining Plans to Issue $2 Billion in Senior Secured Notes] According to Globenewswire, Bitcoin mining company Cipher Mining Inc. announced that its wholly-owned subsidiary, Black Pearl Compute LLC, plans to privately issue $2 billion in senior secured notes due in 2031. The issuance is targeted at qualified institutional investors and aims to fund the company's high-performance computing data center, the 'Black Pearl Facility,' located in Wink, Texas. The funds raised will primarily be used to cover the remaining construction costs of the Black Pearl Facility, repay approximately $232.5 million in equity investments previously made by Cipher into the project subsidiary, establish a debt service reserve fund, and cover related expenses.