Cipher Digital shares tumble 19% after Texas governor upset

Cipher Digital shares have fallen nearly 19% to around $6.60 on Nov. 4 following Gina Hinojosa’s victory in the Texas governor’s race, after the Democrat campaigned for a moratorium on new data centers. FinancialContent’s morning market data showed CIFR at…
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Data centre
A facility that houses large numbers of servers and networking equipment to store and process data.
Data centres use large amounts of electricity and water, which makes their location a local and climate issue.
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