NasdaqGS:CIFRSoftware
Cipher Mining Expands To 3GW As AI Pivot Reshapes Investment Story
Cipher Mining (NasdaqGS:CIFR) is rapidly expanding its data center footprint to more than 3 gigawatts.
The company is pivoting its business model to supply infrastructure for hyperscaler AI customers.
Recent land acquisitions in West Texas are a key part of this move toward serving top tier technology clients.
Cipher Mining, trading at $16.26, has seen its share price move sharply over the past year, with a 1 year return of 179.9%. Over the past week the stock is down 13.3%, while the 30...