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. (NASDAQ:CIFR) experienced a rise in its stock price after Jane Street Group, LLC acquired a 5% stake, consisting of 19.68 million shares. Additionally, the company reported a 15% increase in revenue this quarter due to strong sales in its new product line.
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