Cipher Mining stock jumps as bitcoin pushes back above $90,000 in early 2026 trade
NEW YORK, January 2, 2026, 13:27 ET — Regular session Cipher Mining Inc (CIFR) shares rose about 9% to $16.07 in early afternoon trading on Friday, after swinging between $14.79 and $16.43. The stock opened at $14.90 and volume topped 15 million shares. The move matters because bitcoin miners can act like a high-beta trade on the cryptocurrency. Their revenue is linked to the bitcoin price, while many operating costs — especially power — do not move in lockstep. That leverage cuts both ways at the start of 2026, with traders repricing risk as crypto and equities digest shifting macro