Canaccord raises the target price for Cipher Mining to $7 and maintains a buy rating
ChainCatcher news, according to CoinDesk, Canaccord has raised the target price for Cipher Mining from $6 to $7, while maintaining a buy rating on the stock, noting that the company's Bitcoin mining business continues to perform strongly in the field.
In addition, Cipher Mining recently acquired the Reveille data center site, which has true artificial intelligence optionality.
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