[Google to Acquire 5.4% Stake in Cipher Mining and Guarantee $1.4 Billion Contract] According to Bloomberg, Google will obtain the right to purchase a 5.4% stake in crypto mining company Cipher Mining and will guarantee a $1.4 billion data center lease contract signed between Cipher and Fluidstack. The contract spans 10 years and is expected to generate approximately $3 billion in revenue, with the option to extend twice for five years each, potentially increasing total revenue to $7 billion. Cipher plans to use Google's support agreement to finance its expansion, with its stock price surging 24% in pre-market trading. In a similar deal, Google previously acquired warrants to subscribe for up to a 14% stake in TeraWulf and guaranteed related contracts.