Cipher Mining, headquartered in New York City, operates four Bitcoin mining data centers in Texas and is developing an additional facility, focusing on large-scale Bitcoin mining operations. The company went public on October 20, 2020, and employs 35 people.
CIFR has been in the news recently: Cipher Mining Inc. shares increased after JPMorgan upgraded its rating to Overweight and raised its price target from $12 to $18. The upgrade followed JPMorgan's revised outlook for Bitcoin miners, which also included CleanSpark Inc.
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