Cipher Mining (NASDAQ:CIFRW) Shares Down 0.6% – What’s Next?

Cipher Mining Inc. (NASDAQ:CIFRWGet Free Report) fell 0.6% during trading on Thursday . The stock traded as low as $1.60 and last traded at $1.68. 19,389 shares changed hands during trading, a decline of 82% from the average session volume of 110,604 shares. The stock had previously closed at $1.69.

Cipher Mining Trading Down 0.6 %

The company has a fifty day moving average price of $1.92 and a 200 day moving average price of $1.49.

About Cipher Mining

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Cipher Mining Inc, together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc operates as a subsidiary of Bitfury Holding B.V.

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