Workflow
Cipher Mining Stock Hits Record Highs on Amazon Deal
Schaeffers Investment Research·2025-11-04 00:07

Crypto mining stock Cipher Mining Inc (NASDAQ:CIFR) is up 33% at 24.82,despitemissingthirdquarterearningsandrevenueestimates,onnewsofa24.82, despite missing third-quarter earnings and revenue estimates, on news of a 5.5 billion, 15-year lease agreement with Amazon.com (AMZN). Cipher will provide space and power for AI workloads to Amazon Web Services (AWS), with the 300 megawatts of computing capacity to be delivered next year.Today's pop has CIFR trading at record highs after gapping past the $22 level, which rejected two October rallies. Up 314% in just the last three mo ...