New insider activity at Cipher Mining ( (CIFR) ) has taken place on July 10, 2025.
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In a notable transaction, significant shareholder Bitfury Top HoldCo B.V. has sold 1,200,000 shares of Cipher Mining stock, amounting to a total value of $7,350,000. This move marks a substantial shift in the company’s stock holdings.
Recent Updates on CIFR stock
Cipher Mining has recently announced the commencement of hashing at its Black Pearl site, with a current hashrate of approximately 2.5 EH/s, which is expected to grow as new mining rigs are delivered and installed. This development is part of the company’s plan to increase its total self-mining hashrate to about 23.1 EH/s. The expansion of the Black Pearl site and the overall increase in Cipher’s mining capacity are key factors influencing the company’s stock price movements. These operational advancements have led to a positive outlook on the company’s future performance, contributing to changes in price targets by analysts.
Spark’s Take on CIFR Stock
According to Spark, TipRanks’ AI Analyst, CIFR is a Neutral.
Cipher Mining’s overall score reflects strong technical momentum and positive corporate developments, counterbalanced by financial performance challenges and valuation concerns. The company’s strategic growth plans and operational efficiency are promising, but profitability issues and high leverage remain significant risks.
To see Spark’s full report on CIFR stock, click here.
More about Cipher Mining
YTD Price Performance: 29.61%
Average Trading Volume: 26,245,170
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.02B