Cipher Stock Surged 5% As Google-Backed AI Deal Raises Price Target To $16

Cipher Mining Inc. (NASDAQ: CIFR) traded near $12.10 on Monday, up more than 5%, after Canaccord Genuity (NASDAQ: CF) raised ...
CoinDesk

Cipher Is the Latest Bitcoin Miner to Pivot to AI; Price Target Raised to $16: Canaccord

Cipher Mining signed a Fluidstack/Google agreement for its Barber Lake facility, cementing its pivot to AI infrastructure and validating demand in the large-scale AI compute market, Canaccord said.

Google takes 5.4% stake in Bitcoin mining company Cipher Mining in $3B deal

By backstopping $1.4 billion in Fluidstack liabilities under a $3 billion, 10-year AI compute pact, Google acquired a 5.4% ...
Cryptopolitan on MSN

Google buys 5.4% of crypto miner Cipher Mining worth $1.4 billion

Google secured rights to buy 5.4% of Cipher Mining through a $1.5B equity deal. The deal is tied to Google backing $1.4B of ...
The Currency Analytics

Google Backs Cipher Mining to Power AI Infrastructure and Bitcoin Growth

Google takes a 5.4% stake in Cipher Mining, backing $1.4B Fluidstack leases, as Bitcoin miners pivot to AI-ready HPC ...