Cipher Mining, Bitfarms and Hut 8 jump after Jane Street reveals stake

Cipher Digital

24/10/2025 12:50

Updates

** Shares of crypto mining and data center infrastructure firms Cipher Mining CIFR.O, Bitfarms BITF.O and Hut 8 HUT.O jump premarket

** CIFR shares up 6.8% and Hut 8 up 3.7%, while U.S.-listed shares of BITF jump 9.2%

** Trading firm Jane Street disclosed a 5% stake each in CIFR, BITF, and HUT late on Thursday

** Jane Street is now CIFR's third-biggest shareholder and the biggest stakeholder at BITF, per data compiled by LSEG

** At HUT, Jane Street is the fifth-largest shareholder

** As of last close, CIFR was up 272%, BITF up 180%, and HUT up 98% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))