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Home/News Feed/Cipher Digital shares rise 8.44% on strong AI data center growth and new credit facility.
CIFR
$21.27
-$1.88 -8.12%

Cipher Digital shares rise 8.44% on strong AI data center growth and new credit facility.

Company Fundamentals
05 May 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Cipher Digital reported a Q1 loss of 28 cents per share on $34.84 million revenue, missing estimates, but showed strong progress in AI data center development. The company has 907 MW of operating capacity and a 3.3 GW pipeline expected online by 2030+, with $11.4 billion contracted revenue from HPC capacity. Cipher secured a $200 million revolving credit facility, boosting liquidity. Construction at key campuses is on track, supporting its position as a leading HPC platform. Shares rose 8.44% to $19.39 following the results.

More News (CIFR)

Chardan Capital starts Buy on Cipher Mining, citing Bitcoin and AI infrastructure growth potential.

Chardan Capital starts Buy on Cipher Mining, citing Bitcoin and AI infrastructure growth potential.

Chardan Capital has initiated a Buy rating on Cipher Mining with a $32 price target, suggesting a 38% upside from its current price of $23.15. The firm is expanding beyond Bitcoin mining to support AI companies with its energy infrastructure. Positiv...

Analyst Insights
Bullish
13 hours ago
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