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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.