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Cipher Mining
Cipher Mining Inks New 10-Year HPC Deal With Fluidstack; Shares Rise 13%
The expansion adds 56 MW at Barber Lake and secures $830 million in contracted revenue, reinforced by increased Google backing.
Read moreDetailsCipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal
The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.
Read moreDetailsBitcoin Rebounds Above $123K as Miners Rally; VanEck Sees $644K BTC Amid Gold Gains
The gold rally may need to cool before bitcoin could really gain momentum, suggested another analyst.
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AI and HPC Hype Fuels Pre-Market Rally in Bitcoin (BTC) Mining Stocks
Bitcoin treasury stocks are lagging, however, despite BTC trading above $124K.
Read moreDetailsCipher Is the Latest Bitcoin Miner to Pivot to AI; Price Target Raised to $16: Canaccord
The broker maintained its buy rating on the stock and raised its price objective to $16 from $12.
Read moreDetailsRiot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Alongside, JPMorgan downgraded IREN and CleanSpark
Read moreDetailsCipher Mining Prices $1.1B Upsized Convertible Note Offering
Proceeds are intended to support Barber Lake buildout, HPC expansion, and capped call transactions to reduce share dilution.
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