Reported 2 days ago
Cipher Mining Inc. (NASDAQ:CIFR) experienced a significant surge, reaching an all-time high of $8.71 on August 31, 2025, driven by increasing investor optimism in cryptocurrencies. The company's shares rose by 19.7% week-on-week and saw a notable 36.5% jump over the last five trading days before closing at $7.64. This rise comes amid positive developments in the crypto sector, including broader adoption of Bitcoin and supportive regulatory frameworks, along with a buy recommendation from Canaccord with a target price of $9.
Source: YAHOO