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$IREN$CLSK$NBIS$GLXY$CIFR$KEEL
Needham kept its Buy rating and $25 price target on $CIFR ⚡️
The data-center operator received conditional base-load status for 1 GW at its Colchis site in Texas. The target implies about 66% upside from Cipher’s September 15 closing price of $15.09.
Where is $CIFR building their pipelines?
They didn't say, but strongly implied there are *multiple* sites.
@cbspears and @AsILayHodling do some deduction, comparing existing gas gathering facilities & trunk pipelines in West Texas to figure out which sites might be getting gas.
$CIFR rips up over 10% on Batch Zero announcement (tune in now!)
also:
☑️ Zuckerberg fires back at AI doomers
☑️ Fed rate hike
☑️ Scotland datacenter moratorium?
$CIFR traded as high as +16% today following the release of Batch Zero conditional classifications
Green day as their 1 GW site Colchis was classified as Base Load ⚡️
$CIFR ERCOT Batch Zero conditional designations come in with 1.1 GW “Base Load” and 2.1 GW “Studied Load”
Colchis 1 GW campus received a base load classification ⚡️
