{"id":50124,"date":"2025-09-29T19:01:30","date_gmt":"2025-09-29T19:01:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50124"},"modified":"2025-09-29T19:01:30","modified_gmt":"2025-09-29T19:01:30","slug":"cipher-stock-surged-5-as-google-backed-ai-deal-raises-price-target-to-16","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50124","title":{"rendered":"Cipher Stock Surged 5% As Google-Backed AI Deal Raises Price Target To $16"},"content":{"rendered":"<div>\n<p><strong>Cipher Mining Inc. <\/strong>(NASDAQ: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/cifr#NASDAQ\">CIFR<\/a>) traded near $12.10 on Monday, up more than 5%, after <strong>Canaccord Genuity<\/strong> (NASDAQ: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/cf#NASDAQ\">CF<\/a>) raised its price target to $16 citing the company&#8217;s pivot into <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47432632\/as-ai-and-crypto-mining-converge-energy-pressures-spark-global-shift-in-hashrate-and-regulation\">artificial intelligence infrastructure.<\/a><\/p>\n<h3 class=\"wp-block-heading\">From Bitcoin Mines To Data Giants<\/h3>\n<p>Cipher signed a hosting agreement with <strong>Fluidstack<\/strong>, backed by <strong>Google<\/strong> (NASDAQ: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/googl#NASDAQ\">GOOGL<\/a>) to expand its Barber Lake facility into a large-scale compute hub.<\/p>\n<p>The move places the company among miners diversifying into data center infrastructure, according to Canaccord&#8217;s report.\u00a0<\/p>\n<p>Analysts led by <strong>Joseph Vafi<\/strong> said the deal was earlier and stronger than anticipated, underscoring firm demand for capacity.<\/p>\n<p>The announcement came amid a wave of hyperscaler contracts, easing concerns that supply would outpace demand.<\/p>\n<h3 class=\"wp-block-heading\">$1.1B Note Offering Secures Ownership<\/h3>\n<p>Cipher priced a $1.1 &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47926373\/cipher-stock-surged-5-as-google-backed-ai-deal-raises-target\" alt=\"Cipher\" stock surged as google-backed ai deal raises price target to>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cipher Mining Inc. (NASDAQ: CIFR) traded near $12.10 on Monday, up more than 5%, after Canaccord Genuity (NASDAQ: CF) raised its price target to $16 citing the company&#8217;s pivot into artificial intelligence infrastructure. From Bitcoin Mines To Data Giants Cipher signed a hosting agreement with Fluidstack, backed by Google (NASDAQ: GOOGL) to expand its Barber [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50124","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50124"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50124\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}