According to Odaily Planet Daily, Wall Street brokerage Canaccord Genuity reiterated its buy rating on Bitcoin mining company Cipher Mining and raised its target price from $12 to $16. The stock rose 1.2% in early trading to around $11.60. It is reported that last week's announcement exceeded expectations. The company has signed an agreement with Google-backed Fluidstack, establishing its market position in the trend of "miners turning to AI." (CoinDesk)