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. (LinkedIn)
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. (SEC)
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. (SEC)
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. (MarketBeat)
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. (GlobeNewswire)
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. (Needhamco)
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. (Zacks)
