JPMorgan Boosts CleanSpark and Cipher Mining After Share Pullbacks
JPMorgan upgrades CleanSpark and Cipher Mining to Overweight, citing attractive entry points, strong computing capacity, and growing demand for high-performance compute deals.
JPMorgan upgrades CleanSpark and Cipher Mining to Overweight, citing attractive entry points, strong computing capacity, and growing demand for high-performance compute deals.
Cipher Mining and Fluidstack expand their partnership with a new 10-year AI hosting agreement, bringing the total value of the collaboration to $3.8 billion.
Citizens JMP initiated coverage on Nebius, Iren, Riot Platforms, and Cipher Mining with Outperform ratings, citing critically scarce power supply for high-performance computing and AI as a major growth driver.
Cipher Mining (CIFR) announces Q3 2025 results with $72M revenue and major shift to AI infrastructure, securing $5.5B Amazon Web Services deal and 1GW Texas site development.
Trump's energy secretary proposes 60-day approval process for data center grid connections, down from years-long waits, to boost AI development and compete with China.
Cipher struck a huge $3 billion, 10-year deal with Fluidstack to build 168 MW of AI data centers. Google guaranteed $1.4 billion of the lease and received about a 5.4% ownership stake in Cipher. This positions Cipher as a major AI Data Center Developer.