Why Cipher Mining Stock Rocketed 12% Higher on Wednesday

News of a facility acquisition inspired several analysts to wax positive about the company. Two new and glowing analyst takes on the future of Cipher Mining (CIFR 12.21%) were the news items that pushed the company's stock well higher on Wednesday. The Bitcoin miner's share price ballooned by more than 12% during the session, a far better performance than the S&P 500 index's 0.2% slump on the day. Acquisition news fuels optimism The pair of fresh takes came on the back of news that Cipher Mining had closed ...