Cipher Mining Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york, april 17, 2024 (globe newswire) -- cipher mining inc.  (nasdaq: cifr) (“cipher” or the “company”), a u.s.-based bitcoin mining company, today announced it will provide a business update and release its first quarter 2024 financial results before u.s. markets open on tuesday, may 7, 2024. cipher will host a conference call and webcast that day at 8:00 a.m. eastern time.

New york , march 12, 2024 /prnewswire/ -- the following statement is being issued by levi & korsinsky, llp:1 to: all persons or entities who purchased  cipher mining, inc. ("(cifr) " or the "company") ( nasdaq: cifr ) stock prior to  august 7, 2021  levi & korsinsky, llp has commenced an investigation into potential breaches of fiduciary duty by the cifr board of directors: to learn more about the action and your rights, go to: https://zlk.com/mna2/cipher-mining-inc-lawsuit-submission-form or contact joseph e. levi, esq.

Fourth quarter gaap earnings of $10.6m and non-gaap earnings of $27.8m full year 2023 revenues of $126.8m increased hash rate to 7.4 eh/s in first quarter 2024 and on track to reach 9.3 eh/s by end of third quarter 2024, with potential to grow to 25 eh/s by the end of 2025 new york, march 05, 2024 (globe newswire) -- cipher mining inc. (nasdaq: cifr) ("cipher" or the "company") today announced results for its fourth quarter and full year ended december 31, 2023, with an update on its operations and deployment strategy. "we are delighted to announce our fourth quarter 2023 results, which reflect our first full quarter in which all four of our data centers were operating at full capacity.

New york, march 01, 2024 (globe newswire) -- cipher mining inc. (nasdaq:cifr) (“cipher” or the “company”) today released its unaudited production and operations update for february 2024.

Approved distribution readies cipher for its next chapter of growth with a more diversified shareholder base amsterdam , feb. 26, 2024 /prnewswire/ -- bitfury group ("bitfury" or the "company"), a leading full-service blockchain technology company, today announced the shareholder approval of the non-dilutive distribution of approximately 126 million common shares currently held by bitfury in cipher mining inc. (nasdaq:cifr) ("cipher") in accordance with plans that were previously outlined. of these 126 million common shares of cipher, approximately 107 million shares will be distributed by bitfury to its long-term shareholders on a pro rata basis, including approximately 50 million shares being distributed to the majority owner of bitfury, v3 holding limited (a holding company wholly-owned by bitfury's ceo), and approximately 57 million shares being distributed in the aggregate to approximately 50 other bitfury shareholders.

Bitcoin (BTC) is the pioneering cryptocurrency that has revolutionized the fintech sector since its inception in 2009. Underpinning this digital currency is a decentralized ledger known as the blockchain, which records all transactions and ensures the system's integrity.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Cipher Mining Inc. (CIFR) closed at $3.42 in the latest trading session, marking a +1.79% move from the prior day.

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc.  (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and release its first quarter 2024 financial results before U.S. markets open on Tuesday, May 7, 2024. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time.

The most undervalued blockchain stocks to buy in April are for those who think outside the box. Most investors know the big names already, but these hidden gems can offer significant upside potential, especially in the current market environment.

Crypto miners are expected to take a hit to their earnings after the Bitcoin ( BTC-USD ) halving event is completed in April this year. Crypto miners get rewarded with newly minted bitcoin for contributing computing power to validate transactions on the blockchain network.

TRUMY, CIFR and STR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 28, 2023.

Here is how Cipher Mining Inc. (CIFR) and Procore Technologies (PCOR) have performed compared to their sector so far this year.

From a technical perspective, Cipher Mining Inc. (CIFR) is looking like an interesting pick, as it just reached a key level of support. CIFR's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

Prior to the approval of the spot bitcoin ETFs like iShares Bitcoin Trust NASDAQ: IBIT, traders would trade the Bitcoin miners and the cryptocurrency exchanges like Coinbase Global Inc. NASDAQ: COIN to benefit from the rise in Bitcoin prices. When the price of Bitcoin spiked, so did the stocks of Bitcoin miners in the business services sector.