Bitcoin mining company CipherDigital receives US$200 million in funding credit to accelerate HPC expansion

Nasdaq bitcoin mining company CipherDigital announced that it has received a US$200 million revolving credit line supported by a number of global financial institutions. The new funds will be used to enhance liquidity and will continue to expand AI and HPC data center platform capabilities. In addition, the company disclosed revenue of US$35 million in Q1 earnings report and completed the signing of a third artificial intelligence data center campus lease agreement.