cipher mining00

what's cipher mining?

Cipher Mining (CIFR) is a Bitcoin mining company transitioning into a broader data center operator with a focus on high-performance computing and AI capabilities. With a $2.8B market cap and 2.8 GW expansion pipeline, the company has shown strong market performance in 2025, up over 32% monthly. Recent technical analysis suggests a bullish trajectory with multiple price targets ranging from $8.48 to $16.00, despite recent insider sales. The company represents the evolving mining sector's pivot toward AI compute services.

Snapshot

Cipher Mining acquired a 200 MW Ohio site (Ulysses) for AI workloads, energizing Q4 2027.

3D ago
TEAM UPDATE

Rebranded to CipherInc from Cipher Mining.

ONCHAIN METRICS

Reported $60 million in revenue for Q4 2025.

ONCHAIN METRICS

Reported $55 million adjusted net loss for Q4 2025.

FINANCIAL EVENT

Plans to liquidate the remainder of Bitcoin treasury in 2026 to fund transition to AI/HPC data center infrastructure.

4D ago
FINANCIAL EVENT

Sold 49% stake in three West Texas Bitcoin mining sites to Canaan for $39.75 million, divesting 120 MW of power capacity and 4.4 EH/s of hashrate.

2M ago
TECH EVENT

Acquired a 200 MW site in Ohio called Ulysses, covering 195 acres and connected to PJM, with expected energization in Q4 2027 for AI workloads.

3M ago

CIFR is on MSCI's preliminary list of 38 companies flagged for potential exclusion from major JPMorgan-endorsed indexes due to holding >50% digital assets, with final decision scheduled for January 15, 2026.

Lands full-site Fluidstack lease agreement and moves to raise $333 million for Texas expansion.

Company raises $1.4 billion for Texas data center construction and receives 'Buy' rating from Rosenblatt Securities following quarterly earnings.

Stock rallies approximately 15% following the $5.5B AWS datacenter agreement to pivot into AI infrastructure.

Signs $5.5 billion 15-year AI data center lease with Amazon AWS.

4M ago

Jane Street Group discloses new passive stake exceeding 5% in CIFR via SEC Schedule 13G filing.

Stock declines -19.5% as Bitcoin mining sector selloff continues, ranking as 4th worst performer among 11 major mining companies with all mining stocks experiencing losses and no exceptions to the sector-wide decline.

Stock declines -12.79% as the Bitcoin mining sector experiences double-digit losses across all major players following recent strength. CIFR ranks as the 4th worst performer among 14 major mining companies in the selloff.

Listed among 8 top-performing Bitcoin mining stocks, a sector leader alongside IREN, CLSK, BITF, WULF, HUT, CORZ, and RIOT. Allocated to AI infrastructure alongside Cango, Bitfarms, and IREN.

New all-time high recorded at $18.09 with +13% intraday gains, extending beyond the $15.40 level from October 3rd.

Henrik Zeberg reportedly rotating his CIFR and BTC miner positions into Galaxy Digital ($GLXY), suggesting profit-taking or position exits from CIFR into a competitor.

Full cycle Bitcoin proxy rankings place CIFR at +37.7X returns, second only to IREN's +50X and ahead of MSTR's +21.1X.

Stock surges to $15.40 with 11.5% intraday gains, breaking above the previous multi-year high close of $13.96 from September 22.

Following the $1.3B funding closure, the company is positioned to pursue additional colocation deals or launch cloud services beyond the Barber Lake project.

5M ago

A trader alleges that a promotional group is steering investors into the stock at extremely high valuations for personal gain.

Google announces investment through warrants to acquire approximately 24 million shares representing a 5.4% pro forma equity stake (valued at ~$1.4 billion), structured as a financial guarantee backstopping Fluidstack's obligations in a $3 billion, 10-year AI data center colocation contract. The warrant-based equity position reduces risk for all parties while converting Bitcoin mining infrastructure to AI computing resources.

Stock drops 12% following the Fluidstack announcement in a "sell the news" event.

Google to acquire 5.4% stake through backing $1.4B in Fluidstack deal obligations; JP Morgan maintains neutral rating with ~10% unlevered IRR estimate and 6-year payback period.

Google (GOOGL) has become an owner/shareholder following a dilution event, and the company has secured a contract worth over $1 billion.

Company signs 10-year, $3 billion AI hosting deal with Fluidstack, with Google securing a 5.4% equity stake through the agreement.

JP Morgan views Bitcoin miners in Texas region as "attractive" following OpenAI's announcement of 5 new data center developments bringing 7GW capacity to Texas.

A trader observes CIFR has shown a predictable intraday pattern recently, moving from +8% premarket to -2% in early trading before recovering to +10-20% by day's end.

Stock reaches new multi-year high close of $13.96 with 13.7% daily gain.

CIFR will sign a 300MW co-location deal at its Barber Lake campus imminently, possibly as soon as next week.

Stock hits new 52-week high at $12.66 with 10% daily gain.

Significant options volume spike occurs in December CIFR calls at $12, $13, $18, and $19 strikes, while the stock leads Bitcoin miners with very strong price and market activity today.

With over 7.3 million shares, CIFR is now the top holding in the BLOK ETF, representing major institutional investment.

Stock reaches new multi-year high of $10.61 with 3.5% daily gain.

6M ago

Major AI co-location deal of 150-450MW expected by September end with 55% probability, increasing to 85-90% by November.

Expanding operations to include High-Performance Computing with 0.1 GW allocation, while targeting total capacity of 1 GW by end of 2025, marking strategic diversification beyond bitcoin mining.

Stock hits new intraday high of $8.05, extending weekly gains with 14.6% surge.

Market capitalization reaches all-time high, indicating significant price milestone.

Sector-wide mining stocks rally anticipated following WULF's 40% pre-market gain.

Q2 results show $44M revenue, $30M adjusted earnings, with $112M in BTC holdings.

New 500MW Milsing site near Houston advancing toward interconnect approval, while Barber Lake facility progresses with potential AI tenant. Company targets 16.8 j/th efficiency at 23 EH/s this quarter.

7M ago

Blackrock holds 6.5% stake (21.8M shares), marking significant institutional position.

Technical resistance at $8 represents critical multi-year downtrend breakout level.

Record-breaking trading volume of 83M shares signals unusual market activity.

Unusual after-hours bid walking observed alongside 4-day abnormal trading pattern, suggesting possible accumulation phase.

8M ago

Unusual trading volume spike of 69M shares indicates significant market activity.

10M ago

SoftBank maintains $50M stake (10.4M shares) despite unsuccessful data center expansion negotiations.