Pre-market surge! Cryptocurrency miner Cipher (CIFR.US) continues to capitalize on the AI trend: after Google, it has now secured a $5.5 billion order from Amazon (AMZN.US).

date
04/11/2025
According to the Chinese financial app Zhitong Finance, the cryptocurrency data center operator Cipher Mining (CIFR.US) has announced its third-quarter financial performance and reached a $5.5 billion, 15-year agreement with Amazon's cloud service department AWS to provide full space and power support for artificial intelligence workloads. After the news was announced, as of the time of writing, the company's stock price rose by about 16% in pre-market trading on Monday.