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Artificial Intelligence

SoftBank Takes A Stake In Cipher Mining

January 31, 2025
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SoftBank Masa Cipher Mining
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One of the world’s most important investment companies is making yet another bet on data centres.

‍What’s happening:‍

  • Cipher Mining (NASDAQ: CIFR) has landed a $50M USD strategic investment from SoftBank

Why it matters:‍

  • SoftBank is one of the most important investment companies globally and currently operates the largest technology focused investment fund in existence

By the numbers:‍

  • SoftBank now owns approximately 10.4M common shares of Cipher Mining

Going deeper:‍

‍

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