BlockBeats News, on September 26, Cipher Mining, a Bitcoin mining company listed on Nasdaq, announced its intention to raise $1.1 billion through the issuance of convertible senior notes due in 2031. The fundraising size of this new issuance is larger than the previously announced $800 million in principal amount of notes. The issuance and sale are scheduled to settle on September 30, 2025, subject to customary closing conditions. The notes bear no interest, and the principal amount will not accrete.
