Cipher Mining is trading at $7.25, up 5.69%; available reporting has not established a direct reason for the pre-market rise.
- November 2 results included $26.7 million in revenue, below analyst expectations, and its first $5.9 million in HPC lease revenue; shares fell 5.90% at the November 2 close.
- Bitcoin and Ethereum rose 0.96% and 1.70%, respectively, since their prior close.
- Rosenblatt maintained Buy and lowered its price target to $19; no source linked that action to the gain.