CryptoNeutralBlockonomi · 2h ago6/10
⛓️
Cipher Digital (CIFR) Stock Soars to Record $28.64 — Red Flags Emerge Despite Rally
Cipher Digital (CIFR) stock reached an all-time high of $28.64, representing a 649% yearly gain, primarily driven by an Amazon data center partnership. However, the company's $822M in cumulative losses raise significant concerns about valuation sustainability and profitability despite the rally.