CIFR is trading 10.1% up today at $25.35 as investors react to the company's strategic shift toward AI-focused data centers.

  • The stock is extending a sharp multi-day rally, decoupling from the broader cryptocurrency market where major assets like Bitcoin are trading lower.
  • Market sentiment is being driven by Cipher Mining's move away from pure-play Bitcoin mining in favor of high-performance computing (HPC) and AI infrastructure development.