Cipher Mining (CIFR) Soars to All-Time High, Rides Nebius-Microsoft Deal Boom

Group 1 - Cipher Mining Inc. (NASDAQ:CIFR) experienced a significant surge, reaching a 52-week high of $9.36 before closing at $9.22, marking a 19.43% increase in one day [1][2] - The stock's rally was influenced by the announcement of Nebius Group securing an $18 billion cloud computing deal with Microsoft, which generated optimism in the high-performance computing (HPC) sector [2] - Cipher Mining is focused on developing and operating industrial-scale data centers for bitcoin mining and HPC hosting, with ongoing expansion at its Black Pearl sites to meet rising demand [3] Group 2 - The CEO of Cipher Mining, Tyler Page, expressed confidence that the Black Pearl Phase II infrastructure will be fully leased by HPC tenants in the long run, while also allowing flexibility for bitcoin mining [4] - The company aims to monetize access to power quickly, whether through HPC tenants or bitcoin mining, indicating a strategic approach to infrastructure development [4]