Story perspectives
Cipher Mining Shifts to AI, Secures $5.5B Deal
11/7/2025
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Story summary
- Cipher Mining is set to finalize a bond offering on November 13, signaling a shift from Bitcoin mining to AI.
- It secured a $5.5 billion deal with Amazon Web Services, positioning it as a key AI infrastructure player.
- Shares rose over 50% in the past month.
- MARA Holdings reported record Q3 revenue of $252 million, nearly doubling its Bitcoin reserves.
