New York, Jan 13, 2026, 10:11 EST — Regular session
- Cipher Mining shares climbed roughly 6.6% in early trading, beating other U.S.-listed crypto miners.
- Bitcoin jumped almost 2%, boosting confidence across the sector
- Investors await a CEO appearance Tuesday for new details on Cipher’s AI data-center expansion
Cipher Mining Inc shares jumped 6.6% to $18.84 Tuesday morning, extending gains amid a choppy run for U.S.-listed bitcoin miners as bitcoin itself showed strength.
Cipher CEO Tyler Page is set to speak at 3 p.m. ET during a fireside chat at Needham & Company’s Growth Conference, the company announced in a recent post. 1
Why it matters now: Cipher is pushing beyond bitcoin mining into high-performance computing (HPC) hosting — renting out power and space for AI and other intensive tasks. Investors want to see if it can follow through. In a November business update, the company revealed a massive $5.5 billion, 15-year lease with Amazon Web Services, covering 300 megawatts slated for 2026. Page called that year “truly transformative” for Cipher. 2
Traders often focus on lease timelines when headlines drive the stock, rather than the underlying hash-price calculations. In its November 8-K filing, Cipher reaffirmed plans to deliver the first phase of its Barber Lake facility to Fluidstack by September 2026, with the second phase expected in January 2027. 3
Other miners edged up, though less sharply. Marathon Digital ticked up around 0.6%, Riot Platforms climbed 0.8%, and CleanSpark jumped close to 4.0%, lifted by bitcoin’s rebound.
Cipher’s swings often outpace its peers due to crowded positioning. Short interest was around 49.9 million shares as of Dec. 31, representing about 13% of the public float, according to MarketBeat data — a level that can amplify price moves sharply when volume picks up. 4
The downside is straightforward. A bitcoin slump could overwhelm any company-specific stories. The data-center expansion also faces typical hurdles: delays in construction, timing issues with interconnections, and financing conditions that can change abruptly as rates or credit spreads fluctuate.
Cipher has been pushing longer-term site options as well. Back in late December, it revealed a deal to acquire a 200-megawatt site in Ohio, targeting HPC uses, with plans to energize in 2027. It bolsters the pipeline but won’t deliver immediate cash flow. 5
Needham’s conference continues until Jan. 16, featuring in-person sessions on Jan. 13 and 14, the firm announced. The event remains focused on growth stocks shaped by narrative and rate outlooks. 6
After Tuesday’s discussion, all eyes turn to earnings. Cipher is set to release its next-quarter results on Feb. 24, per Zacks’ earnings calendar. Investors will be zeroing in on liquidity, capital expenditures, and any revised timelines for its hosting contracts. 7
