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Crypto

Galaxy Digital Boosts Stake in Cipher Mining Amid Crypto Market Volatility

Guavy AI Editorial Team
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Galaxy Digital Capital Management GP LLC has significantly increased its stake in Cipher Mining Inc., purchasing an additional 267,715 shares during the first quarter.

This investment firm now owns 505,466 shares of Cipher Mining's stock, making it the company's second largest position and comprising 6.9% of Galaxy Digital Capital Management GP LLC's portfolio.

The value of this stake is approximately $6,505,000, according to the Securities and Exchange Commission (SEC) filing.

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