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CIFR News14 articles
MARA Holdings Slips in Premarket as Bitcoin and Nasdaq Weakness Weigh on Crypto-AI Play
MARA Holdings fell 3.16% in premarket trading Tuesday after shareholders approved an 18 million-share increase to its equity incentive plan, as bitcoin and Nasdaq weakness weighed on the stock.
Cipher Digital Rises on AI Data Center Financing Details
Cipher Digital shares rose 9% to $24.66 after pricing $810 million in senior secured notes for its Stingray AI data center. The June 15 closing is a key catalyst, though high volatility and losses keep the stock risky.
Cipher Digital Slips Despite Morgan Stanley Price Target Hike
Cipher Digital shares slipped 1.1% to $26 despite Morgan Stanley raising its target to $53.50, as investors weigh AI data-center growth against bitcoin weakness and construction risks.
Keel Infrastructure Extends Rally as AI Data Center Aspirations Drive Investor Interest
Keel Infrastructure shares continued their surge Friday, gaining 2.1% to $5.69, as investors focus on the company's transformation into an AI data center provider, even without a signed colocation deal.
Cipher Digital Stock Surges on AI Data Center Expansion Plans
Cipher Digital shares surged 9.5% to $25.21, approaching a 52-week high, as the company announced new AI data center leases and a $200 million credit facility.
TeraWulf Rallies on Kentucky Data Center Expansion, Power Access Takes Center Stage
TeraWulf shares surged 10% to $25.18 after announcing a 1-GW data center campus in Eastern Kentucky, with 500 MW planned by 2028 and another 500 MW by 2030.
IREN Shares Jump 9.4% on Nvidia AI Deal, but Cloud Revenue Still Lags
IREN shares jumped 9.4% on Wednesday as Nvidia earnings anticipation lifted AI infrastructure stocks, but the company's latest quarterly results showed a widening net loss.
MARA Holdings Up 7% as Bitcoin Stabilizes, but Morgan Stanley Downgrade Looms
MARA shares rose 7% as bitcoin held near $77,357, but Morgan Stanley cut its price target to $7, prompting a public rebuttal from MARA's IR chief. Riot, Cipher, and TeraWulf also gained.
Hut 8 Stock Slips 5.5% Following $16M Water Infrastructure Investment for AI Data Center
Hut 8 shares dropped 5.5% as the company invested $16 million in water infrastructure for its River Bend AI data center, highlighting the focus on project execution.
IREN Shares Dip as Cost of AI Build-Out Weighs on Investor Sentiment
IREN shares fell 2.4% to $53.80 after pricing a $2.6 billion convertible note sale, raising dilution and funding cost concerns. The Nvidia AI cloud deal boosts prospects but capital-heavy build-out weighs.
Cipher Digital Soars on $200M Credit Line and Third AI Data Center Lease
Cipher Digital shares surged 16% on a $200M credit line and a third AI data center lease, offsetting a deeper Q1 loss of $114.3M.
IREN's $6B Equity Plan Sparks Dilution Fears, Stock Drops 4.4%
IREN Ltd shares declined 4.4% Tuesday as the market reacted to the company's ambitious $6 billion equity offering plan to finance its transition from bitcoin mining to AI cloud infrastructure, sparking dilution worries.
CleanSpark Rises on Bitcoin Surge as Texas Data Center Strategy Advances
CleanSpark's stock advanced alongside a bitcoin rally above $71,000, while the company continues to execute its strategic pivot toward data center infrastructure in Texas.
Cipher Digital's AI Pivot Under Scrutiny as Analyst Cuts Target Amid Mining Exit
Cipher Digital shares declined following a price target reduction by Keefe, Bruyette & Woods. The move reflects concerns over the company's transition from bitcoin mining to AI-focused data center development.