Cipher Mining (CIFR) Stock Skyrockets on AI Pivot & Bitcoin Boom – Next Crypto Powerhouse?
Cipher Mining shares traded near all-time highs at $15–$16 on Oct. 8, 2025, after surging 320% year-to-date. The company signed a 10-year deal in September to host 168 MW of high-performance computing for Fluidstack at its new Barber Lake site. Cipher’s hashrate reached 16.8 EH/s in mid-2025, with plans to expand to 23.5 EH/s by Q3. Market cap stood between $5.4 and $6.0 billion.