Cipher Mining Inc. (CIFR)
Market Cap | 1.27B |
Revenue (ttm) | n/a |
Net Income (ttm) | 20.72M |
Shares Out | 310.03M |
EPS (ttm) | 0.06 |
PE Ratio | 67.83 |
Forward PE | 21.23 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,227,770 |
Open | 4.150 |
Previous Close | 4.160 |
Day's Range | 4.005 - 4.330 |
52-Week Range | 2.150 - 5.750 |
Beta | 2.33 |
Analysts | Strong Buy |
Price Target | 5.25 (+28.99%) |
Earnings Date | May 7, 2024 |
About CIFR
Cipher Mining Inc., together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc. operates as a subsidiary of Bitfury Holding B.V. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CIFR stock is "Strong Buy." The 12-month stock price forecast is $5.25, which is an increase of 28.99% from the latest price.
News
Bitfury Group Commences Next Step of Non-Dilutive Distribution of Cipher Mining Inc. Shares
AMSTERDAM , May 16, 2024 /PRNewswire/ -- Bitfury Group ("Bitfury" or the "Company"), a leading full-service blockchain technology company, today announced that it has allocated the remaining part of a...
Cipher Mining to Participate in the 19th Annual Needham Technology, Media, & Consumer Conference
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will participate in the 19th Annual Ne...
Cipher Mining Provides First Quarter 2024 Business Update
First Quarter 2024 GAAP Net Income of $40m, and Non-GAAP Adjusted Earnings of $63m First Quarter 2024 Revenues of $48m Current Self-Mining Hash Rate of ~7.7 EH/s and on track to reach ~9.3 EH/s by end...
Cipher Mining Announces April 2024 Operational Update
NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for April 2024.
Cipher Mining Announces Date of First Quarter 2024 Business Update Conference Call
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and ...
Miners' Margins Have Been Great Recently: Cipher Mining CEO
Cipher Mining CEO Tyler Page discusses the upcoming Bitcoin halving and how it could impact miners. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
CIFR ALERT: Levi & Korsinsky, LLP Commences an Investigation of Cipher Mining, Inc. (CIFR) f/k/a Good Works Acquisition Corp. (GWAC)
NEW YORK , March 12, 2024 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:1 To: All Persons or Entities who purchased Cipher Mining, Inc. ("(CIFR) " or the "Company")...
Cipher Mining Provides Fourth Quarter and Full Year 2023 Business Update
Fourth Quarter GAAP Earnings of $10.6m and Non-GAAP Earnings of $27.8m Full Year 2023 Revenues of $126.8m Increased Hash Rate to 7.4 EH/s in First Quarter 2024 and on track to reach 9.3 EH/s by end of...
Cipher Mining Announces February 2024 Operational Update
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for February 2024.
Bitfury Group Announces Approval of Distribution of Cipher Mining Inc. Shares
Approved distribution readies Cipher for its next chapter of growth with a more diversified shareholder base AMSTERDAM , Feb. 26, 2024 /PRNewswire/ -- Bitfury Group ("Bitfury" or the "Company"), a lea...
Cipher Mining Announces January 2024 Operational Update
NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for January 2024.
Cipher Mining Announces Date of Fourth Quarter and Full Year 2023 Business Update Conference Call
NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and r...
Bitcoin mining stocks outlook for 2024
Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and Ciphe...
Cipher Mining to Present at the 26th Annual Needham Growth Conference
NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of bitcoin mining data centers, announced today that it will...
Is it safe to buy RIOT, MARA, HUT, CIFR stocks after the BTC ETF decision?
Bitcoin mining stocks are under pressure as the spot Bitcoin drama continues. Most of them have remained in a tight range this week.
Canaan Secures Follow-On Purchase Orders from Cipher and Stronghold
Cipher's JV entities have purchased 16,700 A1466 model Avalon Miners; the 11,000 previously bought A1346 model Avalon Miners have been delivered and installed at Cipher's Odessa Facility Stronghold ha...
Cipher Mining Announces 60 MW Expansion of its Bear and Chief Joint Venture Data Centers and Purchase of 16,700 New Miners from Canaan Inc.
Bear LLC and Chief Mountain LLC Purchase ~2.5 EH/s of latest generation Canaan A1466 miners on favorable pricing and payment terms
Cipher Mining Announces December 2023 Operational Update
NEW YORK, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for December 2023.
Cipher Mining stock price soars as hopes of January Effect rise
Cipher Mining (NASDAQ: CIFR) stock price continued surging on Wednesday as demand for Bitcoin miners rose. The shares surged to a high of $5.60, its highest point since December 2021.
Cipher Mining Purchases 7.1 EH/s of New Miners and Option to Purchase an Additional 8.7 EH/s of Latest Generation Miners from Bitmain
Purchases 7.1 EH/s of latest generation Bitmain T21 miners for $99.5 million, representing a unit price of $14/TH Secures option to purchase up to an additional 8.7 EH/s at the same fixed price terms ...
Cipher Mining Announces the Closing of its Acquisition of Black Pearl
Closed Transaction to Acquire a New Texas-based, ERCOT-approved Site with Interconnection up to 300 MW, Expected to Come Online in 2025 Closed Transaction to Acquire a New Texas-based, ERCOT-approved ...
Cipher Mining Announces November 2023 Operational Update
NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for November 2023.
Cipher Mining Provides Third Quarter 2023 Business Update
Completed the Build-out of the Odessa Data Center and Achieved All-Time High Self-Mining Hash Rate Capacity of up to 7.2 Exahash per Second (“EH/s”)
Cipher Mining Announces Date of Third Quarter 2023 Business Update Conference Call
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and r...
Cipher Mining Announces September 2023 Operational Update
NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for September 2023.