

CIFR and IREN as AI Data Mining Leaders
Both CIFR and IREN have pivoted from traditional crypto mining toward providing critical infrastructure for AI data centers and high-performance computing, aligning well with the booming demand in AI workloads and data mining.
Nvidia’s strong earnings reflect robust demand for AI chips and technology, positively influencing related sectors, including these infrastructure providers.
The volume accompanying their price gaps is important from a technical perspective:
Buyable Gap Up (BGU): This is a bullish technical pattern where a stock gaps up strongly on high volume, making it a potentially attractive entry point for traders.
Pocket Pivot: This is a confirmed point of accumulation shown by increased volume and price strength on a minor pullback or sideways movement, often preceding further price gains.
Market Implications
CIFR and IREN both displaying BGU and pocket pivot patterns could indicate institutional buying and increased investor interest, aligning with the narrative of sustained AI infrastructure demand.
Given AI data mining remains a critical growth area fueled by enterprises like Microsoft, Google, and Nvidia, these stocks are well-positioned for continued momentum, provided technical and fundamental factors hold.247wallst+3
Summary
CIFR and IREN’s recent strong gaps, combined with high trading volume, qualify them as buyable gap ups and pocket pivots—technical patterns often associated with continued upward trends.
Their leadership in AI-focused data mining infrastructure ties their outlook closely to the expanding AI sector, which shows no sign of slowing given current demand and technological developments.
These signals make CIFR and IREN compelling stocks to watch or consider within the AI infrastructure thematic investment space.
- https://247wallst.com/investing/2025/11/03/cipher-mining-surges-on-amazon-ai-lease-announcement/
- https://www.zacks.com/stock/news/2792348/iren-skyrockets-1531-in-3-months-buy-sell-or-hold-the-stock
- https://simplywall.st/community/narratives/us/software/nasdaq-cifr/cipher-mining/mmeuwmto-power-assets-and-ai-demand-will-drive-new-phases-of-expansion
- https://www.theblock.co/post/378045/iren-ai-cloud-expansion-upside-near-term-strain-jpmorgan