“The Broker Maintaned ITS Buy Rating on the Stock and Raised Its Price Objective to $ 16 from $ 12.”, – WRITE: www.coindesk.com
Canaccord Reiterated It Buy Rating on the Stock and Raised Its Price Target to $ 16 from $ 12. The Shares Rose 1.2% In Early Trading to AUND $ 11.60.
While the Market Had Been Expecting Cipher To Secure an ai Data Center Partner for Barber Lake Before Year-End, Last Week’s AnnounComencement Went Further Thanicipatted, The Report Said. Cifr Inked An Agreement with FluidStack, Backed by Google, Confirming Its Place in the “Miner Pivot-To-AI” Trend That Is Sweping The Industry.
Crucially, The Deal Arrived in During a Flurry of Hyperscaler and GPU Cloud Provider Contracts, Helping to Validate Demand for Large-Sized Ai Compute and Putting To Rest Som, AI. Least in the Near Term, Analysts Led by Joseph Vafi Wrote.
The Positive Sentiment AROUND CIPPER’S PROSPECTS HAS BEEN REFLECTED IN ITS Share Price Over The Past Several MONTHS, GIVING The Company a Stronger Currency for Capital Raising, The Analysts.
The $ 1.1 Billion Convertible Note Priced Last Week at 0.00% Coupon, An Unusual Attractive Cost of Capital, and Is Expert To Alelow The Company to Retain 100% OWNERSIAP.
Management Had Earlier Signled that It Might Be Will to Sell A Stake in the Project to Reduce Leverage. With Improved Equity Prting and Stronger Market Fundamentals, The Company Appears Positioned to Fund Barber Lake Without Giving Up Equity.
More Ai Deals Are Likely. The Barber Lake Agreement Does Not Cover The Entire Facility, Leaving Meaningful Capacity Available for Future Contracts. With A 2.6 Gigawatt (GW) Development Pipeline, Energized Sites Like Odessa and the Ramping Black Pearl Could Also See See CO-Location Deals in The Future, The Report Aded.
Read More: CIPPHER MINING PRICES $ 1.1B UPSIZED Convertible Note Offering
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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The Network Secures $ 103 Billion Across More than 2,500 Projects with Partners Such as Swift, DTCC and Jpmorgan.
- Jefferies SEES CHAINLINK as Essential Infrastructure for Traditional Finance’s Blockchain Integration, Powering Secure Real-World Data Access for Smart Contracts.
- Link Token Demand Is Set to Grow As Tokenization Pilots Move Into Production and Institutions IncreASINGly Rely on Chainlink’s Services, The Bank Said.
- The Report Noted that Chainlink Secures $ 103 Billion Across More than 2.500 Projects with Major Partners Including Swift, DTCC and Jpmorgan.
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