TechFlow reports that on May 5, according to GlobeNewswire, Nasdaq-listed Bitcoin miner Cipher Digital announced it has secured a $200 million revolving credit facility backed by multiple global financial institutions. The new capital will be used to enhance liquidity and further expand its AI and HPC data center platform capabilities. Additionally, the company disclosed in its Q1 earnings report revenue of $35 million and the signing of its third artificial intelligence data center campus lease agreement.
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