Cipher Mining Shares Rise
· 20h · on MSN
Cipher Mining shares surge on SoftBank investment
Cipher Mining Shares Rise After News of SoftBank Group Investment
Shares of Cipher Mining were trading higher in the after-hours market following news of a $50 million private investment in public equity deal from SoftBank Group. After the bell Thursday, shares of Cipher Mining rose 19% to trade at $5.60. The stock finished the day's regular session with a 4.4% gain, closing at $4.70.
Cipher Mining Announces $50 Million PIPE Investment from SoftBank Group
Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today announced a $50 million investment from SoftBank Group Corp.(TSE: 9984, “ SoftBank ”), one of the world’s most prominent investment holding companies.
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