Cipher Mining Shares Plummet 14% Amid Bitcoin Mining Volatility

Cipher Mining (CIFR) shares plummeted by over 14% on July 29, 2026, wiping out gains from its recent shift towards AI infrastructure. This significant drop in value is part of a larger trend in Bitcoin mining volatility.

The price swing was notable, with CIFR stock opening at $20.59 and closing at $17.64. The sharp decline in value has left investors reeling, but it remains to be seen whether this will have any lasting impact on the company's trajectory.