NasdaqGS:CIFRSoftware
A Look At Cipher Mining (CIFR) Valuation After Bitcoin Rally Lifts Mining Stocks
Cipher Mining (CIFR) moved higher after bitcoin pushed above $92,000, lifting bitcoin mining stocks as a group. For investors, this price move highlights how closely Cipher’s revenue potential is tied to bitcoin’s volatility.
See our latest analysis for Cipher Mining.
Beyond today’s move, Cipher’s share price return has been mixed in recent months, with a 7.04% 1 month gain set against a 13.22% 3 month decline. The 1 year total shareholder return of 268.69% and very large 3 year total...