Cipher Mining Surges 8.83% on Strategic Moves Hits $350M Volume Ranking 284th

, 2025, , ranking 284th in market activity for the day. The stock’s performance was driven by strategic partnerships and operational updates disclosed in recent filings, which signaled improved cost efficiency and expanded infrastructure capacity. Analysts noted the move reinforced investor confidence in the firm’s ability to scale operations amid volatile market conditions.

Key developments included a revised capital allocation framework prioritizing high-margin mining assets, . These updates were highlighted in SEC filings and investor calls, suggesting a shift toward sustainable growth metrics. The absence of competing news from other crypto-related firms further isolated Cipher’s positive momentum within its sector.

To set up an accurate back-test I’ll need to clarify a couple of details about how you’d like this “top-500-by-volume” strategy implemented: 1. Market universe—do we screen only U.S. listed common stocks (NYSE + NASDAQ), or a broader/different universe? 2. Selection timing & trade prices—each day we rank stocks by that day’s volume, do we enter at the same day’s close and exit at the next day’s close, or enter at the next day’s open and exit at that day’s close? 3. ? ? 4. Transaction costs—should we ignore them, , or another assumption? Once these points are settled I can construct the data-retrieval plan and run the back-test.