New insider activity at Cipher Mining ( (CIFR) ) has taken place on July 16, 2025.
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Significant shareholder Bitfury Top HoldCo B.V. has recently sold 956,155 shares of Cipher Mining stock, amounting to a transaction worth $5,827,649. This move highlights a notable shift in the holdings of Cipher Mining’s stock by one of its major investors.
Recent Updates on CIFR stock
Cipher Mining has announced significant progress at its Black Pearl site, achieving a self-mining capacity of approximately 3.4 EH/s, surpassing its previous guidance of 2.5 EH/s for the second quarter of 2025. This development is part of a broader plan to increase the site’s hashrate to about 9.6 EH/s by the third quarter of 2025, contributing to a total self-mining hashrate of around 23.1 EH/s across all sites. The company’s expansion in mining capacity is driven by the delivery of new mining rigs, which are gradually replacing older units. These advancements have influenced analysts to adjust their price targets, reflecting the company’s enhanced operational capabilities and future growth potential.
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: 23.60%
Average Trading Volume: 28,383,364
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.02B