Google takes 5.4% stake in Bitcoin mining company Cipher Mining in $3B deal

Google takes 5.4% stake in Bitcoin mining company Cipher Mining in $3B deal

Google takes 5.4% stake in Bitcoin mining company Cipher Mining in $3B deal

Google has acquired a 5.4% stake in Bitcoin miner Cipher Mining by backstopping $1.4 billion of Fluidstack’s obligations in a $3 billion, 10-year AI data center deal.

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