SoftBank completed the $50m investment in Cipher Mining.

SoftBank, a Japanese multinational conglomerate holding company, completed the $50m investment in Cipher Mining, an industrial-scale Bitcoin mining company. “We are thrilled to welcome SoftBank as an important investor in Cipher. This investment comes at a pivotal moment in Cipher’s growth trajectory, as the Company continues to attract attention for its pipeline of sites and innovative solutions in industrial-scale data centers. SoftBank’s focus on innovation in technology and AI development aligns with our vision to establish ourselves as a leader in HPC data center development,” Tyler Page, Cipher CEO.