CMB Stock News Of The Day 📰🗞️🗞️📈📉

“Cipher Mining Soars on $5.5 Billion Amazon Partnership to Power AI Data Centers” 🚨🚨🚨

Cipher Mining (CIFR $24.52, +31.47%) is rocketing higher in premarket trading after unveiling a blockbuster partnership that cements its transformation from a bitcoin miner into a key infrastructure player in the artificial intelligence boom.

Alongside its Q3 earnings release, Cipher announced a $5.5 billion, 15-year deal with Amazon (AMZN $256.58, +5.06%) to provide AI data center capacity and power. Under the agreement, Cipher will deliver 300 megawatts of capacity in two phases beginning next year, with rent payments expected to start in August 2026.

“This is our first direct lease with a Tier 1 hyperscaler,” CEO Tyler Page said in a statement, calling the deal a milestone that validates Cipher’s strategic pivot into AI infrastructure.

From Bitcoin to AI Backbone

Cipher’s new agreement marks a major evolution for a company once focused entirely on crypto mining. Like several of its peers, Cipher has been retooling its high-powered computing facilities for artificial intelligence workloads — a move that is paying off as hyperscalers race to expand their AI capacity.

Just last month, Cipher signed a 10-year hosting deal with AI cloud platform Fluidstack, which included Google taking a 5.4% equity stake in Cipher as part of the transaction. The Amazon partnership now pushes Cipher further into the elite ranks of data center providers powering the world’s AI infrastructure.

Earnings Beat Adds Fuel to the Rally

Cipher also delivered a surprise profit in its latest quarter, reporting adjusted diluted EPS of $0.10, trouncing expectations for a $0.054 loss. Revenue came in at $72 million, slightly below the $76.5 million consensus estimate, but investors were far more focused on the company’s massive new growth runway.

The stock’s surge reflects growing investor enthusiasm for firms positioned at the intersection of AI computing, clean power, and data center scalability — especially those with long-term contracts from the biggest names in tech.

Big Picture: The AI Land Rush Accelerates

The deal with Amazon places Cipher squarely within the rapidly expanding ecosystem of AI infrastructure providers — joining the ranks of companies racing to secure megawatt-scale partnerships as global demand for AI processing power surges.

What began as a bitcoin miner chasing block rewards is now becoming a cornerstone supplier for the largest hyperscalers in the world.

Bottom line: Cipher Mining’s pivot to AI infrastructure is paying off — and its $5.5 billion Amazon deal signals that the next great tech boom may be powered not just by chips, but by the companies keeping those chips running.