According to CoinMeta, the stock price of Cipher Digital fell by nearly 19% on November 4 due to the results of the Texas governor election, and is currently around $6.60. According to the morning market data of FinancialContent, CIFR was quoted at $6.595 at 10:28 EST, with a decline of 18.78%. By 12:18 PM, the delayed quote showed a price of $6.465, representing a decline of 20.38%. This sell-off occurred after Democratic candidate Gina Hinojosa defeated the incumbent Republican governor Greg Abbott. Hinojosa called for a suspension of new data center construction during the campaign. In her policy statement, she mentioned that the suspension would continue until the legislative body could establish protective measures and involve the community in the development of the data centers.