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Stock impact report

Cipher Mining (CIFR): Rosenblatt Applauds Pivot to AI Infrastructure Amidst Crypto Worst-Case Scenario [Yahoo! Finance]

Cipher Mining Inc. (CIFR) 
Company Research Source: Yahoo! Finance
price target on Cipher Mining to $25 from $33, while maintaining a Buy rating on the shares. 2025 has been a difficult year for Bitcoin miners, as high network difficulty collided with a sharp downturn in BTC prices to create a worst-case scenario for profitability. The firm also noted that pure-play miners that are solely focused on crypto face significant financial strain, but the impact is less severe for companies that have diversified into HPC. Earlier on November 24, JPMorgan upgraded Cipher Mining to Overweight from Neutral with a price target of $18, up from $12. The firm believes that Cipher Mining is exceptionally well-positioned to secure further HPC contracts across its other approved sites, which could serve as a significant catalyst for medium-term growth. In Q3 2025, Cipher Mining highlighted a strategic pivot from traditional Bitcoin mining to HPC and AI infrastructure. Total revenue surged 65% quarter-over-quarter to $72 million, driven by the mining of 629 Bitcoi Show less Read more
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