$Cipher Mining Inc.(CIFR)$ $CIFR looks ready to Run Higher! Morgan Stanley raised its price target on September 18 to $54 from $43.50 while keeping an Overweight rating. A major asset supporting Cipher's AI-infrastructure thesis is a 15-year, roughly $5.5 billion lease at Cipher's Black Pearl site with Amazon.com, Inc. ($AMZN). For Cipher Digital Inc. ($CIFR), the trade is no longer simply that old mining sites might someday host AI. It is whether long-term cloud contracts can justify the capital required to turn power into data-center capacity.
$Cipher Mining Inc.(CIFR)$ Very pleased with $CIFR and this quarters update, incredibly impressive to be delivering 2 months ahead of schedule for BP, amazing construction and capital allocation 👏 Anyone who mentions EPS is immediately an unserious investor, backwards looking data is irrelevant here