Cipher Mining Inc. (NASDAQ:CIFRW – Get Free Report) was up 11.9% during mid-day trading on Wednesday . The company traded as high as $2.25 and last traded at $2.25. Approximately 27,766 shares were traded during trading, a decline of 76% from the average daily volume of 113,869 shares. The stock had previously closed at $2.01.
Cipher Mining Stock Performance
The company has a fifty day moving average of $1.70 and a two-hundred day moving average of $1.40.
About Cipher Mining
Cipher Mining Inc, together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc operates as a subsidiary of Bitfury Holding B.V.
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