AIBullishThe Block ยท 4h ago6/10
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Cipher Digital adds third AI lease, lines up $200 million credit facility as CIFR shares rise 10%
Cipher Digital has secured a third AI lease and lined up a $200 million credit facility, causing CIFR shares to rise 10%. The company is strategically shifting toward debt-backed financing rather than equity issuance to fund its AI infrastructure expansion.
