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Google will acquire a 5.4% stake in Cipher Mining, providing a $1.40 billion guarantee for its data center lease contract

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2025-09-25 12:15:02
On September 25th, according to Bloomberg, Google will acquire the right to buy a 5.4% stake in crypto mining company Cipher Mining Inc., the crypto mining company Cipher said in a statement that Google agreed to guarantee the $1.40 billion obligation in the contract between Fluidstack and Cipher. Fluidstack and Cipher signed an initial 10-year agreement to lease its data center capacity, equivalent to about $3 billion in revenue.
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