Cipher Mining在零息可兑换纸币上筹集了1.1B美元,为数据中心和技术扩展提供资金。 Cipher Mining raises $1.1B in zero-interest convertible notes to fund data center and tech expansion.

Cipher Mining Inc. 售出11亿美元的私人出价,相当于2031年到期可兑换高级票据的0.00%,高于最初的8亿美元目标,并定于2025年9月30日结算。 Cipher Mining Inc. priced a $1.1 billion private offering of 0.00% convertible senior notes due 2031, up from an initial $800 million target, with settlement set for September 30, 2025. 这些注不计利息,可兑换成共同股票,兑换价为16.03-37.5%,高于9月25日截止价的16.03-37.5%,从2031年7月1日开始,或在某些条件下较早。 The notes, which accrue no interest, are convertible into common stock at a conversion price of $16.03—37.5% above the September 25 closing price—starting July 1, 2031, or earlier under certain conditions. Cipher可以在2028年10月5日之后赎回纸币,如果其股票价格大幅上涨,而记账人可能要求在发生根本变化时或2029年10月1日重新购回。 Cipher may redeem the notes after October 5, 2028, if its stock price rises significantly, and noteholders may require repurchase upon a fundamental change or on October 1, 2029. 净收益估计为10.8亿美元(如果承保人选择购买更多的票据,则最多达12.7亿美元),将为Barber Lake数据中心的建设、高性能计算开发、网站扩展和一般公司需求提供资金,7 000万美元用于上限电话交易。 Net proceeds, estimated at $1.08 billion (up to $1.27 billion if the underwriters’ option to buy more notes is exercised), will fund data center construction at Barber Lake, high-performance computing development, site expansion, and general corporate needs, with $70 million allocated to capped call transactions.