Cipher Mining is trading 10% up at $16.70 after announcing on September 3, 2026, that it began developing lateral natural-gas pipelines supporting up to 2.5 GW of onsite generation across multiple data-center sites.
- Pipelines aim to accelerate power availability and expand leasable high-performance-computing capacity before the end of 2027.
- The company-specific announcement appears the primary catalyst; Bitcoin rose 3.37% and Ethereum 3.61% since the prior close.
- S&P 500 rose 0.45% and Nasdaq 0.73%, supporting risk appetite. The stock moved substantially more than major cryptocurrencies; trading was active, but volume was unavailable.