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Cipher Digital Stock Falls 12% After $850M Convertible Notes Offering

Cipher Digital's shares dropped about 12% on October 13, 2026, after the company announced an $850 million zero-coupon convertible notes offering.

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Oct 13, 5:27 AM seekingalpha.com Cipher Digital plans $850M zero-coupon convertible notes offering; shares down
Oct 13, 5:14 AM investing.com Cipher Digital stock drops 12% following $850 million debt offering