Cipher Mining Stock News

Cipher Mining (NASDAQ:CIFR ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Joshua Kane - Head, IR Tyler Page - CEO Ed Farrell - CFO Conference Call Participants Mike Grondahl - Northland Paul Golding - Macquarie Mike Colonnese - H.C. Wainwright.

Analyzing Bitcoin mining stocks like Cipher Mining requires a bottom-up approach at this stage of the Bitcoin market cycle. Cipher Mining's strategic hardware purchases and hosting capacity expansion have made it an appealing stock, with a 67% increase since my December "buy" rating. Q3 is expected to show a revenue decline due to increased mining and electricity costs, but Cipher's prudent "ho...