Bullish
Cipher Mining Stock Soars 19% on $5.5 Billion AWS HPC Deal - CIFR Crypto News
03.11.2025 17:30
Cipher Mining Technologies Inc. (NASDAQ: CIFR) experienced a dramatic 19% surge in its stock price following the announcement of a monumental $5.5 billion high-performance computing (HPC) partnership with Amazon Web Services (AWS). This landmark deal is set to significantly boost Cipher's Bitcoin (BTC) mining operations, providing unprecedented cloud computing power and infrastructure scalability. The collaboration with AWS, a global cloud leader, positions Cipher Mining for enhanced operational efficiency and accelerated growth in the competitive cryptocurrency mining sector, signaling strong market confidence and a bullish outlook for the company's future.