Cipher appoints Lee Bratcher and Drew Armstrong to leadership

Cipher Mining Inc. announced two senior hires: Lee Bratcher as Head of Policy and Government Affairs and Drew Armstrong as Head of Strategic Initiatives.

• Main announcement: Cipher appointed Lee Bratcher (Head of Policy and Government Affairs) to lead the company’s energy policy strategy, represent Cipher in its ERCOT membership, and bolster regulatory and community engagement; Drew Armstrong (Head of Strategic Initiatives) will lead strategic projects to support Cipher’s expansion into the HPC industry and its intersection of compute and power. Both report to Cipher’s Co-Presidents (Bratcher to Will Iwaschuk; Armstrong to Patrick Kelly).
• Background & details:Bratcher is former President and Founder of the Texas Blockchain Council and contributed to legislation in the 87th and 88th Texas Legislative Sessions; Armstrong was previously President/COO/Chairman of Cathedra Bitcoin, a founding member of Galaxy Digital‘s bitcoin mining unit, and began his career at Barclays where he worked on securitized esoteric product origination (including the first U.S. data center asset-backed security offering).