Cipher Mining: More Than Just Bitcoin?! How the AI sector is Redefining the Stock's Potential

The core business of Cipher Mining is Bitcoin mining. The company's profitability is therefore directly linked to the Bitcoin price. To reduce dependence on Bitcoin volatility, Cipher Mining is increasingly positioning itself as a provider of computing power for high-performance computing and AI. Cipher Mining is experiencing rapid growth and has significantly increased its hashrate in recent months. The company is well-funded to implement its expansion plans. Cipher Mining (NASDAQ: CIFR) is a Bitcoin miner. This means it operates...