Cipher Mining (CIFR) Rockets on AI Mega-Deals & Bitcoin Boom – What Investors Need to Know
Recent News Highlights (Early November 2025) Cipher Mining has made headlines this week with a flurry of major developments: Company Overview & Business Model Cipher Mining Inc. is a U.S.-based technology company that builds and operates industrial-scale data centers for Bitcoin mining and high-performance computing (HPC) hostinginsidermonkey.com. Formed in 2021 as a spin-off of Dutch mining hardware maker Bitfury, Cipher went public via a SPAC merger (valued around $2 billion at the time)datacenterdynamics.com. Headquartered in New York, the company’s core business has been Bitcoin mining – using powerful computer rigs in large data centers to secure the Bitcoin network in exchange