CIPHER MINING INC.

Cipher Mining reported a Q2 2026 loss of $0.65 per share on revenue of $24.84 million, both well below consensus estimates, prompting the stock to drop about 13.4%. Bitcoin mining revenues fell 43% year‑over‑year due to a deliberate reduction in mining activity during the transition to high‑performance data centers. GAAP net income swung to a loss of $267.5 million, partly driven by a non‑cash revaluation of warrants of $150.5 million. Management highlighted operational progress, including advanced capacity at the Black Pearl site, an option for a 900‑MW site named Apollo, and bond financing for the Stingray data‑center project; however, investors focused on the near‑term revenue and earnings shortfalls. » More on de.investing.com

Cipher Mining’s stock climbed intraday about 11.9% to $22.42, driven by a research revaluation that highlighted contractually secured rental income of $11.4 billion and classified the company as an infrastructure lessor. The first phase of deploying 300 MW for Amazon Web Services is set to begin in July, with lease payments from the 15‑year leasing agreement worth $5.5 billion due in August. Analyst upgrades and price-target increases, including from Morgan Stanley, along with positive market sentiment and relative strength in Bitcoin supported the stock, although it still trades below its 52‑week high. » More on de.investing.com

Cipher Mining's stock climbed to an all‑time high of $28.64 and posted a one‑year price gain of 649.61%. Revenue grew 38% over the past twelve months, but the stock shows high volatility with a beta of 3.2. An InvestingPro analysis rates the stock as significantly overvalued compared with its fair‑value estimate. » More on de.investing.com