Cipher Mining (CIFR) surges 12.8% on AI data center optimism
As seen on the 24/7 Wall St. homepage on July 30, 2026.
Bitcoin miners are rallying on optimism around AI data center buildouts, with Cipher Mining riding the wave higher during regular trading hours.
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Cipher Mining opened the session at $19.66 and climbed to $22.17 during regular trading hours, a gain of roughly 12.8% on the day. The move comes as bitcoin miners broadly rallied, fueled by growing optimism that their energy infrastructure and computing capacity could be repurposed or expanded to serve AI data center demand.
The AI data center buildout narrative has given miners like Cipher Mining a second story to tell investors beyond bitcoin's price alone. Access to large power footprints is increasingly seen as a strategic asset, and the market appears to be pricing in the possibility that companies with that infrastructure could become key players in the broader AI compute boom.
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Traders will be watching whether CIFR can hold these gains as the session progresses, and whether other bitcoin miners move in sympathy or whether today's jump is specific to Cipher Mining's own positioning.
Sources
Mentioned: CIFR