Markets
Cipher Digital (CIFR) Stock Falls 20% After Texas Governor Upset
CoinCentral·November 5, 2026·1 min read
Cipher Digital (CIFR) stock fell nearly 19% to about $6.60 on Nov. 4 after Gina Hinojosa won the Texas governor's race. Hinojosa wants a pause on new data centers until community protections are set. Cipher reported its first HPC lease revenue in Q3, but total sales missed estimates, and analysts trimmed price targets.
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