Cipher Mining Surges 2.67% as $760M Volume Propels It to #144 in Market Activity Amid Energy-Efficiency Overhaul

Cipher Mining (CIFR) closed with a 2.67% gain on October 7, 2025, as trading volume reached $760 million, securing the stock at #144 in overall market activity. The move followed a strategic shift in operational focus toward energy-efficient mining infrastructure, with the company announcing plans to decommission 15% of its legacy hardware by year-end. Management emphasized that the transition aligns with long-term ESG commitments while maintaining hashrate stability through hardware upgrades.

Analysts noted the stock's performance correlates with recent institutional investor activity, particularly in the cryptocurrency derivatives market. Short-term technical indicators show improved momentum following a two-week consolidation phase, though volume remains below 90-day averages. The price action contrasts with broader crypto indices, which experienced mixed performance due to regulatory uncertainty in the EU.

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