Category: mining merger

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$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley

$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan StanleyCipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation […]

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