The bank listed several reasons for their "unusually high" price targets.
The company continues to attract interest because of its pivot into a high-demand niche.
Val Vavilov says Bitcoin's 50% slide is a portfolio rebalancing opportunity while Cipher pivots into AI infrastructure.
Cipher Mining's Bitcoin revenue is surging, but the big story is its AI data centers.
The analyst framed some bitcoin mining sites as infrastructure assets, lifting CIFR and WULF shares while MARA lags.
TeraWulf and Cipher Mining shares surged more than 13% on Monday after Morgan Stanley initiated coverage with an overweight rating, citing their AI potential.
Cipher Mining (NasdaqGS:CIFR) is shifting its focus from pure bitcoin mining to AI enabled data center infrastructure. The company has entered a 15 year lease agreement with Amazon, positioning its ...
The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher’s ...
Cipher Mining Inc. (NASDAQ: CIFR) stock fell Wednesday as the company announced a proposed offering of $2.00 billion in ...
Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of industrial-scale data centers, today announced that its wholly-owned subsidiary, Black Pearl Compute ...
Morgan Stanley initiated coverage on Cipher Mining and TeraWulf with Overweight ratings while downgrading Marathon to Underweight.