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Cipher Mining Inc

4.9

+0.1 (+2.09%)

Last Update: 01 Jul 2025 23:19:00

Yesterday: 4.78

Day's Range: 4.55 - 5.

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When Written:

2.33

Cipher Mining Inc. is a newly formed subsidiary of Bitfury Group, a leading provider of blockchain infrastructure and cryptocurrency mining solutions. Cipher Mining aims to become a publicly traded Bitcoin mining company through a merger with Good Works Acquisition Corp. The merger is expected to close in the second quarter of 2021, subject to regulatory and shareholder approvals. Once completed, Cipher Mining will operate as a stand-alone entity with access to Bitfury's industry-leading mining hardware and software solutions. The company plans to expand its mining operations in North America and Europe, leveraging renewable energy sources to minimize its carbon footprint.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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