Cipher MiningCIFR
About: Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin. The company is expanding and strengthening the Bitcoin network's critical infrastructure in the United States.
Employees: 35
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
43% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 40
22% more call options, than puts
Call options by funds: $22.1M | Put options by funds: $18.1M
9% more funds holding
Funds holding: 149 [Q2] → 163 (+14) [Q3]
0.97% less ownership
Funds ownership: 30.31% [Q2] → 29.34% (-0.97%) [Q3]
3% less capital invested
Capital invested by funds: $390M [Q2] → $378M (-$11.5M) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Cantor Fitzgerald Brett Knoblauch 69% 1-year accuracy 55 / 80 met price target | 68%upside $10 | Overweight Maintained | 4 Feb 2025 |
Needham John Todaro 77% 1-year accuracy 53 / 69 met price target | 26%upside $7.50 | Buy Reiterated | 31 Jan 2025 |
JP Morgan Reginald Smith 62% 1-year accuracy 16 / 26 met price target | 34%upside $8 | Overweight Upgraded | 10 Dec 2024 |
Northland Capital Markets Mike Grondahl 67% 1-year accuracy 31 / 46 met price target | 43%upside $8.50 | Outperform Maintained | 4 Dec 2024 |
BTIG Gregory Lewis 46% 1-year accuracy 21 / 46 met price target | 51%upside $9 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 9 articles about CIFR published over the past 30 days









