🔴 Cipher Mining is trading 4.4% down today on profit-taking after index and AI pivot rally

Cipher Mining is trading 4.4% down at $22.24 as the stock enters a consolidation phase following a sharp rally driven by its Russell index inclusion and strategic pivot toward AI/HPC infrastructure.

• The current decline appears to be driven by profit-taking after significant gains on July 8–9, rather than a reaction to new company-specific news.
• The pullback occurs despite a generally positive market environment, with both broader equity indices and cryptocurrency prices trading modestly higher today.