The Latest Breaking News from Cipher Mining

Cipher Mining Inc. (NASDAQ:CIFR) has captured the market’s attention after quantitative trading behemoth Jane Street Group, LLC disclosed a 5% passive stake in the company. The Schedule 13G filing, detailing an aggregate 19.68 million share position, was first highlighted in an SEC filing dated Oct. 24.

Cipher Mining, Inc. (NASDAQ:CIFR) shares soared in Wednesday's after-hours trading as the Bitcoin (CRYPTO: BTC) mining firm confirmed the completion of the first phase of its ambitious Black Pearl data center.

Bitcoin miners have increasingly courted AI companies, which require large amounts of computing power to stay competitive.

Cipher Mining Inc (NASDAQ: CIFR) just landed one of the most eye-catching endorsements in crypto infrastructure: Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). Google took a 5.4% stake in the Bitcoin (CRYPTO: BTC) miner, securing roughly 24 million warrants as part of a 10-year, $5 billion AI hosting deal.

Cipher Mining Inc. (NASDAQ: CIFR) secured a 10-year colocation agreement with Fluidstack valued at roughly $3 billion, positioning itself as a major player in high-performance computing data centers. The deal also brings in Alphabet Inc. (NASDAQ: GOOGL) as a financial backer, underscoring growing demand for AI-driven infrastructure.

Shares of Bitcoin (CRYPTO: BTC) miner Cipher Mining Inc (NASDAQ:CIFR) are moving Wednesday after Arete Research initiated coverage with a Buy rating, suggesting significant upside from the stock’s current price.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.12%. December E-mini S&P futures (ESZ25 ) are down -0.05%, and December E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. December E-mini S&P futures (ESZ25 ) are up +0.05%, and December E-mini Nasdaq futures...

Cipher Mining Inc. (NASDAQ:CIFR) shares rose on Tuesday even as one of its largest stakeholders, V3 Holding Ltd, disclosed the sale of 2.7 million shares valued at $33.3 million.