Market Reaction

[ed]

Cipher Mining shares jump, surging from $14 → $17 intraday before closing at $11.66.

YTD, the stock is up 151%, as investors reward miners expanding into AI and HPC services.

This deal mirrors Google’s earlier TeraWulf investment and signals a new era of hybrid crypto–AI infrastructure.

[Rimon Khan]

Big move for Cipher! Google’s backing + HPC expansion could make them a leader in the AI-crypto crossover.

[EmTeam]

151% YTD gains show investors love the AI pivot. If Cipher delivers on Barber Lake’s 500 MW vision, this could just be the beginning.