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Prospect News home > News index > List of issuers A > Headlines for Alborz LLC > News item
Published on 5/6/2022 in the Prospect News Private Placement Daily.

Alborz signs $46.9 million two-year credit facility with BlockFi

Chicago, May 6 – Alborz LLC, a joint venture of Cipher Mining Inc., has signed a two-year $46.9 million secured credit facility with BlockFi Lending LLC, according to a press release.

Proceeds will finance Bitmain S19J Pro mining rigs at the Alborz data center.

Cipher is an industrial-scale Bitcoin mining company based in New York.


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