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Is Cipher Mining Inc. (CIFR) One of the Best Cryptocurrency Stocks to Buy for the Long Term?

Cipher Mining Inc. (NASDAQ:CIFR) is one of the best cryptocurrency stocks to buy for the long term. On November 20, Cipher Mining Inc. (NASDAQ:CIFR) said it had struck a 10-year AI-hosting agreement with Fluidstack valued at roughly $830 million. The deal will bring the company’s Barber Lake facility in Texas up to its full 300-megawatt capacity. It also includes options that could push total contracted revenue to about $2 billion and potentially lift the overall value of the partnership to around $9 billion. Google has reinforced the arrangement with a $333 million lease guarantee, bringing its total backing to approximately $1.73 billion.

Cipher plans to finance the site build-out through project debt along with $118 million in equity. The company expects construction costs to fall in the $9–10 million-per-megawatt range, with anticipated margins of 85% to 90%. CEO Tyler Page said the agreement underscores Cipher’s position in high-performance computing and reflects the momentum behind its expansion plans.

On November 19, Citizens initiated coverage of Cipher Mining with a Market Outperform rating and a price target of $30. The firm pointed to Cipher’s shift away from pure bitcoin mining and toward tapping its 3.8-gigawatt power pipeline in Texas, an asset it believes could justify a valuation north of $90 over time. Analyst Greg Miller said the company’s buildout plans for 2026 give it a rare position in the high-performance computing market, with capacity that could compete with large projects such as Stargate and help establish Cipher as a major data-center operator.

Earlier on November 13, the company completed a private offering of $1.4 billion in 7.125% senior secured notes due 2030. The bolstered balance sheet allows the company to finance the construction costs of its Barber Lake facility, a high-performance computing data center.

Cipher Mining Inc. (NASDAQ:CIFR) develops and operates industrial-scale data centers for both Bitcoin mines and high-performance computing (HPC). The company operates Bitcoin mining facilities, focusing on the use of sustainable and efficient energy, and is expanding to include data center capacity for other applications, such as AI and HPC.

While we acknowledge the potential of CIFR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CIFR and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Mid Cap Stocks to Buy According to Hedge Funds and 9 Best Gene-Editing Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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