CIFR stock rose 6% after signing AI-focused data center deal

CIFR stock rose 6% after signing AI-focused data center deal

Cipher Mining (CIFR) stock rose over 6% after signing a 15-year lease for a new AI-focused data center with a hyperscale tenant. The company also secured a $200 million credit facility for financial flexibility. This AI pivot gained traction as Galaxy Digital increased its stake, holding over 3.3 million shares.

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