Cipher Digital's shares rose 13% after the company received conditional grid classifications for 3.2 gigawatts of data-center capacity in Texas. The Electric Reliability Council of Texas (ERCOT) granted 1.1 GW conditional base-load status and 2.1 GW conditional studied load status, meaning the capacity is recognized but not yet authorized for power connections. This follows a state audit order on data-center projects. Final grid designations are expected in December. Additionally, Cipher and partners pledged $10 million to improve Colorado City's water system after recent shortages.
As of Sep 17, 2026 23:44 WIB, Cipher Mining Inc (CIFR) shares are trading at USD 17.14 on Pluang, showing a 1-day gain of 2.51%. The stock's market capitalization stands at $6.95 billion, with a notable enterprise value of $11.70 billion. Despite the recent 13% jump reported in the news, Pluang data shows a more moderate daily increase, highlighting steady investor interest in the company.
Shares of Applied Digital and TeraWulf climbed 5% as the oversold AI capacity sector bounced back, driven by sentiment rather than new company developments. Applied Digital's stock recovered from a recent slide despite no announcements, reflecting ma...
Cipher Mining (CIFR) saw its stock rise 10.8% following an Overweight rating and $25 price target from Wells Fargo, implying a 49.5% upside. The boost comes after ERCOT granted 3.2 gigawatts of conditional grid capacity to support Cipher's Bitcoin mi...
Applied Digital's stock dropped 4% to $23.72, pushing its 2026 performance into negative territory with a 3% year-to-date loss. This decline reflects a broader sell-off in smaller AI data center hosting companies like Core Scientific and Cipher Minin...
