In my view, the news flow here remains positive.
The pipeline for planned data center capacity totals around 2.6 GW, currently only 168 MW contractually committed with Fluidstack and massive Google support.
Demand for the convertible bond to finance the further expansion of capacity was higher than the originally envisaged target amount, meaning that the company was able to raise $1.1 billion instead of the planned $800 million.
And analysts' price target increases (yes, yes, I know analysts and their opinions and such😂) are now following steadily.
I'm excited to see what happens next and remain dabei✌🏻.
Who else is in or thinking about jumping on?
$CIFR (+14,13%)
$IREN (+7,58%)
$BITF (+5,3%)
$BTC (+0,32%)
JPM neutral, target 12$ after previously neutral, target 6$:
https://de.investing.com/news/pro/jpmorgan-stuft-cipher-mining-auf-neutral---kursziel-12000--3162625
Compass Point buy, target 18$ after previously buy, target 8$:
