Cipher Mining Stock Climbs on SoftBank Investment. Analysts Say It’s ‘Sign of Things to Come.’ - Barron's
1. Cipher Mining received a $50 million investment from SoftBank. 2. Investment will support development of high-powered computing data centers. 3. SoftBank's focus aligns with Cipher's vision for HPC leadership. 4. J.P. Morgan analysts maintained an Overweight rating on Cipher shares. 5. The deal showcases ongoing interest in large-scale data infrastructure.