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CIFR
Benzinga
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Cipher Mining Stock Soars 7% After-Hours On Phase 1 Completion Of Mega Mining Data Center

1. CIFR's stock surged over 7% after completing Phase I of Black Pearl data center. 2. The facility achieved 10.1 EH/s self-mining hashrate, increasing CIFR's operational capacity. 3. CIFR mined approximately 251 BTC in September, boosting investor confidence. 4. The stock has soared nearly 280% in 2025, indicating strong market momentum. 5. BTC price showed slight growth, reflecting increased interest in cryptocurrency mining.

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FAQ

Why Very Bullish?

The completion of the Black Pearl facility enhances production capacity significantly. Historical surges in similar firms followed major expansions, leading to price increments.

How important is it?

The positive operational milestone has a direct correlation with CIFR’s stock price and market attractiveness, driving investor interest and potential future growth.

Why Short Term?

The immediate completion of the data center provides operational leverage and investor excitement analogous to past expansions, suggesting a quick market response.

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