Cipher Mining is trading 4.02% lower at $9.54 on October 15, extending a steep multi-session decline amid its priced $850 million convertible-note offering due 2032 and an exchange of existing notes. - The new notes carry a conversion price of about $15.31 per share; conversions may be settled partly or wholly in shares. - Since the previous close, Bitcoin is down 0.57% and Ethereum 2.19%; both declines are smaller than the stock’s.