[Bitcoin Mining Firm Cipher's AI Subsidiary Junk Bond Sale Attracts $13 Billion in Orders] According to Bloomberg, the AI subsidiary of Bitcoin mining firm Cipher Mining (NASDAQ: CIFR), Black Pearl Compute, attracted up to $13 billion in demand for its $2 billion junk bond sale issued on Tuesday. The funds raised will be used to build the Black Pearl data center in Texas, which was leased to Amazon Web Services (AWS) last November for a term of at least 15 years, with total contract revenue expected to reach $5.5 billion. The newly issued five-year bonds from Black Pearl were priced on Wednesday with a yield of 6.125%. The proceeds will also be used to repay approximately $232.5 million in equity investments previously made by Cipher into Black Pearl, among other corporate needs. The bonds are secured by a first-priority lien covering nearly all assets of the issuer and guarantors. Cipher has previously entered into several high-value collaboration agreements with FluidStack and Google, demonstrating the trend of crypto mining firms diversifying into the high-performance computing sector. However, Cipher's stock price fell 12.36% on Wednesday, closing at $14.25, impacted by the continued sell-off in cryptocurrencies and related stocks. Cipher is currently the fourth-largest Bitcoin mining firm by market capitalization.