cipher mining inc.00

what's cipher mining inc.?

Cipher Mining Inc. is a U.S.-based technology company specializing in the development and operation of industrial-scale data centers optimized for Bitcoin mining and high-performance computing (HPC) infrastructure. Founded with a focus on efficiency and sustainability, the company designs facilities that leverage renewable energy sources and advanced cooling technologies to minimize environmental impact while maximizing operational performance. Cipher's mining operations involve deploying large fleets of ASIC miners to secure the Bitcoin network, contributing to its hashrate through strategic site expansions in regions like Texas with access to reliable power grids. The company's business model extends beyond traditional mining to include HPC hosting, positioning it to support emerging demands in artificial intelligence and cloud computing. Cipher secures power capacity through long-term agreements and invests in substation infrastructure to ensure scalability. Its portfolio includes multiple data centers, such as Black Pearl and Barber Lake, where it racks and powers mining rigs to produce Bitcoin. By maintaining a disciplined approach to capital allocation, Cipher aims to build a robust pipeline of sites totaling gigawatts of potential capacity. Cipher Mining emphasizes innovation in energy management and safety standards, operating under rigorous protocols to deliver reliable uptime. As a publicly traded entity, it provides transparency through regular updates on production metrics, site developments, and strategic partnerships, fostering trust among stakeholders in the digital asset ecosystem.

Snapshot

Cipher Mining Inc. achieved a 214% equity price increase in 2025, ranking top 10 crypto performers.

1W ago
ONCHAIN METRICS

Achieved a 214% equity price increase during 2025, ranking among the top 10 crypto and adjacent equities performers for the year.

3W ago
ONCHAIN METRICS

Operates at 25 EH/s hash rate with a market capitalization of $6 billion.

1M ago

Traders accumulate out-of-the-money CIFR call options for January, March, and June expirations.

Stock price climbs from $14.15 to $20.36 over 3.5 trading sessions this week, breaking above the recently set $18 JPMorgan price target.

JPMorgan sets $18 price target for CIFR in its overweight upgrade.

JPMorgan upgrades CIFR to overweight and raises valuation framework for data center capacity, now estimating equity worth $8M-$17M per MW for colocation (up from $4M-$9M) and up to $19M per MW for cloud capacity (up from $12M). JPMorgan notes diluted share counts are 20-33% higher than Bloomberg data shows.

Signs additional 56 MW AI hosting agreement with Fluidstack generating $830M in contracted revenue over 10 years, with Google backstopping $333M of lease obligations. Fluidstack now takes entire 300MW at Barber Lake facility, and CIFR provides $118M in additional equity already raised for incremental capex.

CIFR gains +10% in after-hours trading following a sell-off in BTC mining stocks driven by AI bubble fears.

Stock price drops 50% over approximately 10 days, marking a sharp decline in the data center stock's valuation.

Major trading firm Susquehanna files 13G reporting a 5.5% stake (21.5 million shares) in CIFR.

2M ago

BIT Capital GmbH, a large shareholder in IREN, now owns 2.4 million shares of CIFR.

CIFR gains +10% for the week, ranking as the second-best performer among crypto equities while major bellwethers COIN (-11%), MSTR (-13%), and BTC (-7%) post negative returns.

Cipher Mining announces a $5.5 billion deal with Amazon (AMZN).

Stock bounces at $1.30 price level.

Issues $1.4 billion senior notes due 2030 at 7.125% interest (BB- rated by Fitch) to finance the 244 MW Barber Lake data center construction, with Fluidstack joining AWS as a major tenant and expected occupancy in summer 2026.

$23 represents an unbroken closing price resistance level, with CIFR having never closed above this level historically.

Rosenblatt reiterates BUY rating with a $33 price target, citing the company as a major beneficiary of AI-driven power demand.

Price action shows CIFR bouncing off the $21.03 level, identified as the previous all-time high daily close.

Cipher Mining forms a West Texas joint venture to develop a 1-gigawatt "Colchis" site with 95% ownership retention and a 1-gigawatt Direct Connect Agreement with American Electric Power, scheduled for 2028 energization. CEO confirms no further equity financing will be needed.

CIFR signs a $5.5 billion, 15-year lease agreement with Amazon Web Services, with the stock rising 16% on the news.

Insufficient power availability cited as AI demand enters phase 1, with CIFR mentioned among mining companies (BITF, IREN) positioned to benefit from the dynamic.

Options expiration occurs today with alleged market maker activity bringing down the price ahead of the event.

Earnings announcement scheduled within less than 2 trading days. Intraday price reached $18.30 this morning.

CIFR posts positive performance amid broader mining sector rally.

A delta-neutral trading strategy involving shorting VEST and going long on Robinhood yields approximately 400% annual returns for CIFR exposure.

CIFR is on the verge of surpassing competitor MP in performance metrics, fulfilling a prior prediction.

JonesResearch reiterates HOLD rating on CIFR and issues BUY ratings to HUT, WULF, and RIOT in note released today.

A profitable intraday trading pattern persists for 3 months: buying CIFR 5-30 minutes after open and selling at close generates consistent daily gains.

CIFR trades at ~$3M per MW compared to traditional data centers valued at $8M per MW in BlackRock and Nvidia's $40B Aligned Data Centers acquisition, with 150-500% potential upside cited for miners accessing project finance.

Lucid Capital initiates coverage on AI/HPC digital infrastructure sector, rating CIFR as HOLD while assigning BUY ratings to competitors CORZ, APLD, WULD, and RIOT.

3M ago

Price reaches $22.35 in overnight market, a new all-time high.

After-hours bidding activity observed without corresponding SEC filing or announcement, with expectations for developments within the next 4 days.

New all-time high achieved at $20.29 with 20% daily gain.

Price hits new high of $19.66 with 15% daily gain, breaking above the October 3rd all-time high of $15.65.

New all-time high achieved at $15.65, up 13.3%.

Closes at high of day - a rare occurrence not seen since January 2023, indicating strong bullish momentum.

Analyst sets $25-30 price target contingent on closure of upcoming 100-300MW deal and completion of initial financing.

6M ago

Daily trading volume reaches new all-time high of 73M shares, surpassing previous day's record.

Large fund PM sets $30 share price target based on CoreWeave comparable analysis.

Trading volume reaches potentially unprecedented level of 70M shares in single day.

7M ago

Mining stocks surge 10-20% following CoreWeave's $4B data center deal with OpenAI.

Major hedge funds Millennium Management and Paul Tudor Jones disclosed new positions totaling 5M shares through recent 13F filings.

$45B energy company Engie partners to provide wind power for data center operations, addressing grid congestion issues.

9M ago

Monthly Bitcoin production at 210 BTC, ranking 6th among public miners.