Cipher is rapidly scaling hash rate from ~13.5 EH/s to 23 EH/s by late 2025, which could more than double BTC production. Despite current net losses and negative free cash flows, the company maintains low leverage, modest liquidity, and ongoing institutional support. Valuation remains low relative to sector peers like Riot and Marathon, offering a high-risk, high-reward way to gain leveraged exposure to Bitcoin's price cycle without holding crypto directly.
In the closing of the recent trading day, Cipher Mining Inc. (CIFR) stood at $6.68, denoting a -3.75% move from the preceding trading day.
Cipher Mining (CIFR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Here, we pick three stocks, IREN, CIFR and HOOD, which are well-poised to benefit from the growing proliferation of Bitcoin and other cryptocurrencies.
The latest trading day saw Cipher Mining Inc. (CIFR) settling at $6.42, representing a +2.39% change from its previous close.
In the latest trading session, Cipher Mining Inc. (CIFR) closed at $5.87, marking a -5.93% move from the previous day.
Does Cipher Mining Inc. (CIFR) have what it takes to be a top stock pick for momentum investors? Let's find out.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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.
In the closing of the recent trading day, Cipher Mining Inc. (CIFR) stood at $4.26, denoting a +1.67% move from the preceding trading day.