Aurelius Capital Management acquired 500,000 shares in Cipher Mining, making it the fund’s third-largest holding valued at $6.3 million as of September 30. The new position represents 11.4% of total 13F assets under management. Other top holdings include BITF, CORZ, WULF, and RIOT. Cipher Mining’s shares were priced at $16.21, up 182% over the past year.

Cipher Mining is a U.S.-based technology company specializing in bitcoin mining, with a focus on growth through expanding mining capacity and optimizing operational efficiency. The company reported third-quarter revenue of $72 million and adjusted earnings of $41 million. Management disclosed long-term AI hosting lease payments and ownership in a planned 1-gigawatt site in West Texas.

Aurelius Capital Management initiated a new position in Cipher Mining, acquiring 500,000 shares valued at $6.3 million. The fund’s portfolio is heavily concentrated in publicly traded bitcoin miners and infrastructure operators, with a high-conviction view on scale and power access in the next phase of the cycle. This aligns with Cipher Mining’s strategic focus on cost-effective, high-volume bitcoin production to capitalize on institutional and market demand.

Read more at Yahoo Finance.: This Bitcoin Infrastructure Stock Is Up 182% and Now Commands 11% of One Portfolio