Reported 1 day ago
Cipher Mining Inc. (NASDAQ:CIFR) experienced a significant boost of 19.73% on Friday, closing at $20.66, following increased investor interest in AI stocks due to Oracle's major data center expansion announcement. As the company prepares for its upcoming third quarter earnings report, it reported producing 251 Bitcoins in September, up from 241 in August, while selling 158 Bitcoins, capitalizing on rising prices. Despite its strong performance, there are suggestions that other AI stocks might offer better investment prospects.
Source: YAHOO