Tech stocks split wide open as AppLovin and SanDisk cratered over 12% each while Salesforce and fuboTV rallied, exposing which names traders still want to own in a geopolitically volatile market.
Cipher Mining :
CIFR
CIFR
Stock Data
$17.46
$0.26 (1.47%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
INFORMATION TECHNOLOGY SERVICES
Cipher Mining Inc is a New York-based technology firm focused on the development and operation of large-scale bitcoin mining data centers across the United States. Founded in 2020, it operates as a key player in the digital currency mining industry, leveraging advanced technology to mine bitcoin efficiently. As a subsidiary of Bitfury Holding B.V., Cipher Mining is at the forefront of transforming energy into digital assets.
Latest Activity
Bitcoin mining stocks are in freefall after Marathon Digital's collapse signaled deeper stress in the sector as crypto weakness spreads.
Cipher Mining shares dropped 12.48% to $19.99 as Bitcoin miners contend with shifting energy costs and network difficulty adjustments.
Digital Turbine and Astera Labs surged 15% and 14% respectively at Monday's close, while Super Micro Computer and Ulta Beauty skidded lower in a split session.
Travel and fintech stocks surge at the close as Expedia and Affirm lead gainers, while crypto miners and Navitas Semiconductor crater on heavy selling.
AI infrastructure and energy stocks surged over 10% at the close as investors bet on the hardware powering the artificial intelligence boom.
Cipher Mining hits $26.35, reclaiming its 52-week peak as bitcoin miners reset for the AI infrastructure era.
Arm surged nearly 12% in the closing stretch as chip stocks captured AI tailwinds, while fintech and telehealth stumbled with Hims & Hers down 7%.
All Cipher Mining Articles
18 Articles