The latest trading day saw Cipher Mining Inc. (CIFR) settling at $5.79, representing a -4.3% change from its previous close.
Cipher Mining (NASDAQ:CIFR), a company engaged in Bitcoin mining that specializes in building and managing large-scale data centers for Bitcoin mining and high-performance computing hosting, witnessed an increase of nearly 16% during trading on Wednesday. This surge follows the company's announcement of significant advancements at its new mining site, referred to as Black Pearl.
Cipher Mining (CIFR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
12 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
5 May 2025 Date | | 0.04 Cons. EPS | - EPS |
3 Mar 2025 Date | | 0.05 Cons. EPS | 0.14 EPS |
6 Nov 2024 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | - Cons. EPS | - EPS |
12 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
5 May 2025 Date | | 0.04 Cons. EPS | - EPS |
3 Mar 2025 Date | | 0.05 Cons. EPS | 0.14 EPS |
6 Nov 2024 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | - Cons. EPS | - EPS |
Financial - Capital Markets Industry | Financial Services Sector | Rodney Tyler Page CEO | NASDAQ (NGS) Exchange | 17253J106 Cusip |
US Country | 43 Employees | - Last Dividend | - Last Split | - IPO Date |
Cipher Mining Inc., founded in 2020, is a specialized company focused on the development and operation of industrial-scale bitcoin mining data centers. With its headquarters located in New York, New York, the company is at the forefront of the cryptocurrency industry within the United States. Operating under the wider umbrella of Bitfury Holding B.V., Cipher Mining Inc. leverages the expertise and resources of its parent company to enhance its operational efficiency and technological capabilities in the competitive field of bitcoin mining.
At the core of Cipher Mining Inc.'s offerings are its industrial-scale data centers dedicated to bitcoin mining. These facilities are designed to ensure high efficiency and scalability, allowing the company to mine bitcoin on a massive scale. Equipped with state-of-the-art infrastructure and technology, these data centers aim to optimize the mining process, reduce operational costs, and minimize environmental impact, thereby contributing to the sustainability and profitability of bitcoin mining operations.