Cipher Mining Shares Rally 6.08% as Trading Volume Dips to $340M Ranking 338th in Market Activity

. 16, , . The move followed mixed corporate developments and sector trends shaping investor sentiment.

. 15. This transaction occurred as Cipher advances its Black Pearl site expansion to meet rising demand for (HPC) and Bitcoin mining. CEO Tyler Page has emphasized plans to prioritize long-term HPC leasing while retaining flexibility for near-term crypto operations.

, driven by broader enthusiasm for AI-driven infrastructure and Bitcoin mining equities. The firm’s Black Pearl Phase 1 site in Texas is operational, with Phase II set to support dual HPC and Bitcoin mining capabilities. Strategic positioning in the HPC sector aligns with growing demand for GPU resources, as seen in recent large-scale contracts like the Nebius-Microsoft deal.

Back-test implementation requires clarification on universe parameters, trade timing, weighting methods, and synthetic index approximation. Current constraints limit evaluation to single-ticker or index-based approaches. Confirming these details will enable accurate performance analysis.