%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Small-cap stock Cipher Digital (NASDAQ: $CIFR ) has big ambitions for its future. Like a lot of cryptocurrency miners, Cipher Digital is pivoting to data centres and high-performance computing (HPC). However, it is doing it on a very large scale. The company has said that its transition from a pure-play Bitcoin (CRYPTO: $BTC ) miner to an artificial intelligence (A.I) infrastructure firm is about becoming a "landlord" for hyperscalers. To that end, Cipher Digital has secured deals to lease its data centres to mega-cap technology companies such as Amazon (NASDAQ: $AMZN ) and Google parent company Alphabet (NASDAQ: $GOOGL ). Cipher Digital, which rebranded from Cipher Mining in February of this year, also has a long-term lease with Fluidstack, a specialized and privately held A.I. cloud platform. By all accounts, the pivot to A.I. computing has been going great for Cipher Digital, sending its stock up an astounding 645% over the last 12 months to trade at $17.36 U.S. a share. However, even with that gargantuan run, CIFR stock has a market capitalization of $6.95 billion U.S., making it a small-cap stock. The company is not yet profitable and there is no dividend on offer. But many analysts see the bull run in Cipher Digital continuing as the company becomes a landlord to a growing number of technology giants. Rosenblatt Securities just reiterated a Buy rating on CIFR stock with a $24 U.S. price target, which is 38% higher than where the shares currently trade. For investors looking to capitalize on both crypto and the A.I. infrastructure buildout, Cipher Digital might be just the ticket.