# Cipher Mining x SoftBank Investment: partnership

Canonical ID: `0bd4c58c-f7fa-4fde-bd71-93f7849a7211`

SoftBank Group made a 50 million dollar PIPE investment in Cipher Mining purchasing approximately 10.4 million shares. The investment supports Ciphers HPC data center development business and establishes SoftBank as a significant primary investor in Cipher.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Cipher Mining](https://registry.deploy.report/companies/cipher-mining.md) investor partner
- SoftBank Group _(off-registry)_ investor partner

## Timeline

- **Announced:** 2025-01-30

## Sources (1)

1. https://www.nasdaq.com/press-release/cipher-mining-announces-50-million-pipe-investment-softbank-group-2025-01-30


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