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Market Impact: 0.35
Cipher Digital Falls 5% as $850M Zero-Coupon Note Pricing Extends Slide; Applied Digital Declines 6%, IREN Drops 4%
Source: 247wallst.com
Artificial IntelligenceCredit & Bond MarketsCompany Fundamentals
Cipher Digital shares fell 5% to $10.72 after the AI data center developer priced a large zero-interest convertible note sale. The article provides no note size or further terms.
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