Cipher Mining (CIFR) Jumps to Record High on New $5.5-Billion Deal with Amazon Web Services

Core Insights - Cipher Mining Inc. (NASDAQ:CIFR) has reached a new all-time high stock price following a significant $5.5 billion high-performance computing (HPC) agreement with Amazon Web Services (AWS) and strong earnings performance in Q3 [1][3]. Financial Performance - The company reported a substantial reduction in net loss, narrowing by 96% to $3.28 million from $86.75 million year-on-year [4]. - Operating loss also decreased by 59% to $37.6 million compared to $91.4 million in the same period last year [4]. Strategic Developments - Cipher Mining has entered into a 15-year lease agreement with AWS for 300 MW of computing capacity, set to begin in August 2026, with deliveries occurring in two phases [3]. - The company announced the formation of a joint entity to develop a 1-GW HPC campus in West Texas, where it will hold a 95% stake and contribute the majority of the funding [5]. Stock Performance - During intra-day trading, Cipher Mining's stock reached a 52-week high of $25.11 before closing at $22.76, reflecting a 22.04% increase for the day [2].