CIFR shares bounce after ERCOT conditional nod for Texas data centers
Cipher Digital (CIFR) said ERCOT gave a conditional nod under its Batch Zero procedure to move ahead with two major data-center projects in Texas, after shares slid the prior two days.
's (CIFR) shares rose in the morning on Wednesday after the company said the Electric Reliability Council of Texas (ERCOT) gave it a conditional nod to advance its data-center projects in Texas. Under Batch Zero, ERCOT's new process for large grid connections, two…