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Cipher’s $850 million AI bet deepens investor scrutiny as Bitcoin miner’s stock plunges 52%

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CryptoSlate
By Oluwapelumi Adejumo
10/19/2026, 10:00:14 AM
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Cipher’s $850 million AI bet deepens investor scrutiny as Bitcoin miner’s stock plunges 52%
EXECUTIVE SUMMARY

The completed exchange expands Cipher's share base as it adds $850 million in zero-coupon debt to support data-center development. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  • Cipher’s $850 million AI bet deepens investor scrutiny as Bitcoin miner’s stock plunges 52%.
  • The completed exchange expands Cipher's share base as it adds $850 million in zero-coupon debt to support data-center development.
  • Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.

The completed exchange expands Cipher's share base as it adds $850 million in zero-coupon debt to support data-center development. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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