Cipher, SoftBank
Bitcoin Miner Cipher Surges on $50M SoftBank Investment
Bitcoin miner Cipher Mining (CIFR) shares rose more than 18% in post-market trading after SoftBank said it would buy 10.4 million shares in the company, worth $50 million. The mining company said the investment will support Cipher's development of a high-performance computing (HPC) data center and establish SoftBank as a major investor in the company.
In a report released yesterday, Mitsunobu Tsuruo from Citi maintained a Hold rating on SoftBank Group (SFTBF – Research Report), with a price ...
1 Day 9984 0.47% DJIA -0.75% S&P 500 -0.50% Telecommunication Services -0.79% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...
In international markets, chipmaking and electrification companies saw pressure on the fears over the DeepSeek AI service. SoftBank -- the company that said it would fund up to $500 billion in AI ...
Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first ...
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou ...
SoftBank owned a 16.8% stake in insurance technology company Lemonade as of the latest regulatory filings. The investment has been unsuccessful so far, but Lemonade's stock has come back a bit ...
Cipher Mining announces a $50 million PIPE investment from SoftBank. The investment is expected to support the company's high-performance computing (HPC) data center development business.
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...
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