Cipher Mining Inc. (CIFR) saw its stock soaring by 5.06% in pre-market trading on Monday, following the release of the company's January 2025 operational update.
The update highlighted several positive developments for Cipher Mining:
With its expanding mining capacity, improving operational efficiency, and progress in facility construction, Cipher Mining appears well-positioned for continued growth in the bitcoin mining industry. Investors responded positively to the company's January update, driving the stock's surge on Monday.
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