Cipher Digital Surges 9% on Conditional ERCOT Status for 3.2 GW of Texas Capacity; Core Scientific Rises 4%, IREN Nudges Higher

Quick Read CIFR jumped 9% and CORZ rose 4% after ERCOT's Batch Zero process granted Cipher a conditional 3.2 GW Texas base load classification. SPY added just 0.2% and sector ETF DTCR gained 1%, isolating CIFR's 9% surge as a grid-access story, not a broad market move. AI workloads generate $1.5M per megawatt annually versus $0.5M for Bitcoin mining, explaining Cipher's pivot away from crypto to higher-margin AI colocation. Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Cipher Mining didn't make the cut. Enter your email to see the names that beat CIFR. The report is free. Enter your email and see if any of your stocks made the cut. Shares of Cipher Mining (NASDAQ:CIFR) are up 9% to $16.