June 9, 2026

Cipher Digital raises $810 million in junk bonds to build another Amazon data centre in Texas

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Jarrell Taylor / Unsplash

Cipher Digital is raising $810 million from a junk-bond sale to finance a data centre in West Texas that Amazon will lease for 15 years, according to Bloomberg. The deal, pitched at a yield of about 6.25 per cent, will fund the remaining construction...