Cipher Mining Surges 209% Year to Date: Buy, Sell, or Hold the Stock?

Key Takeaways Cipher Mining's shares jumped 209.5% YTD, far outpacing peers and broader sector performance. Expanded mining capacity and Black Pearl's output boosted Q3 production, revenues, and efficiency. Higher costs, widening losses, and an overvalued stock highlight challenges alongside CIFR's growth. Cipher Mining (CIFR) shares have skyrocketed 209.5% in the year-to-date period, outperforming the Zacks Technology Services industry’s increase of 19.5%. The broader Zacks Business Services sector decline ...