Cipher Mining (CIFR) saw its shares surge over 20% after announcing a $5.5 billion, 15-year hosting agreement with Amazon Web Services (AWS). This move solidifies Cipher’s transition from crypto mining to AI infrastructure, attracting top-tier clients and validating its energy-first strategy. The deal covers 300 megawatts of hosting capacity, with deployment starting in 2026. Analysts predict CIFR stock could hit $26 in the next 12 months, citing the company’s potential for more deals and operational scale. Wall Street consensus on CIFR stock is a “Moderate Buy,” with price targets reaching $27, signaling a 20% upside.

Read more at Yahoo Finance: Amazon Is Lifting Cipher Mining Stock. Is There More Upside in Store?