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Cipher Mining (CIFR) Hits Fresh High on AI Frenzy

Thu, Sep 11, 2025, 8:14 AM 2 min read

We recently published AI Frenzy: 10 Stocks Crushing the Market, 6 Climb to Fresh Highs. Cipher Mining Inc. (NASDAQ:CIFR) is one of the top performers on Wednesday.

Cipher Mining rallied for a fourth straight day on Wednesday to touch a new 52-week high, as investors continued to place bets on digital infrastructure players amid renewed optimism for artificial intelligence.

In intra-day trading, Cipher Mining Inc. (NASDAQ:CIFR) climbed to its highest price of $10.43 before paring gains to end the day just up by 11.17 percent at $10.25 apiece. Wednesday also marked its fourth straight day of gains.

Cipher Mining (CIFR) Hits Fresh High on AI Frenzy

Following Nebius Group’s $18-billion cloud computing deal with technology giant Microsoft Corp., investors were quick to pile funds into Bitcoin miners, including Cipher Mining Inc. (NASDAQ:CIFR), which also operates high-performance computing (HPC).

At present, Cipher Mining Inc. (NASDAQ:CIFR) is underway with the expansion of its Black Pearl sites to support the growing demand in HPC from both AI and hydro-Bitcoin mining.

According to CEO Tyler Page, the site is expected to be fully leased by HPC tenants.

“By taking this approach to building infrastructure today, we will be prepared to sign tenants when they are ready, while also preserving our flexibility to use the space for bitcoin mining in the near term, if preferred. In short, Black Pearl Phase II infrastructure will enable us to monetize access to power quickly, whether via HPC tenants or bitcoin mining,” he added.

While we acknowledge the potential of CIFR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.