Cipher Mining Inc. Stock Price, News & Analysis

Cipher Mining (NASDAQ:CIFR) has secured a major 10-year high-performance computing (HPC) colocation agreement with Fluidstack, valued at approximately $3 billion in contracted revenue. The agreement involves delivering 168 MW of critical IT load at Cipher's Barber Lake site in Texas, with potential extension options that could increase the total contract value to $7 billion.

Google will backstop $1.4 billion of Fluidstack's lease obligations and receive warrants for approximately 5.4% equity stake in Cipher. The project's estimated costs are $9-$11 million per MW of critical IT load, with expected site Net Operating Income margins of 80%-85%. Cipher maintains a separate 2.4 GW pipeline for HPC development beyond this agreement.

Cipher Mining (NASDAQ:CIFR) has released its operational update for August 2025, highlighting strong mining performance. The company mined 241 Bitcoin during the month, sold 42 BTC, and maintained a balance of 1,414 BTC.

The company's Black Pearl Phase I facility contributed significantly, accounting for 39% of total Bitcoin mined. With 115,000 deployed mining rigs and a month-end operating hashrate of 23.0 EH/s, Cipher Mining expects Black Pearl Phase I to reach ~10 EH/s by Q3 end, boosting total self-mining hashrate to ~23.5 EH/s.

Cipher Mining (NASDAQ:CIFR) reported its Q2 2025 financial results, highlighting revenue of $44 million and non-GAAP Adjusted Earnings of $30 million, despite a net loss of $46 million ($0.12 per share). The company has successfully energized Black Pearl Phase I, achieving self-mining capacity of ~16.8 EH/s with projections to reach ~23.5 EH/s by Q3 2025.

Key developments include a $172.5 million convertible note offering and strategic plans for Black Pearl Phase II, designed to support both hydro-bitcoin mining and HPC compute applications. The company maintains a substantial pipeline of 2.6 GW site capacity and has executed fully funded orders for latest-generation miners with deliveries expected by Q3 end.

Cipher Mining (NASDAQ:CIFR) released its July 2025 operational update, highlighting significant mining achievements. The company mined 214 Bitcoin during the month, with Black Pearl Phase I contributing 24% of total production. The company's month-end statistics show 115,000 deployed mining rigs with a hashrate of 20.4 EH/s and fleet efficiency of 19.2 J/TH.

As part of treasury management, Cipher sold 52 BTC and maintained a balance of 1,219 BTC. The company's Black Pearl Phase I, representing 150 MW of a 300 MW site, is now energized and operational.

Cipher Mining (NASDAQ: CIFR), a leading developer of industrial-scale data centers, has announced its participation in three upcoming investor and industry conferences in August and September 2025.

CEO Tyler Page will attend Canaccord Genuity's 45th Annual Growth Conference (August 12-13), Needham's 5th Annual Virtual Crypto Conference (September 4), and H.C. Wainwright's 27th Annual Global Investment Conference (September 8-9). Webcasts of the presentations, if available, will be accessible through the company's investor relations website and social media platforms.

Cipher Mining (NASDAQ: CIFR) has scheduled its second quarter 2025 business update and financial results release for Thursday, August 7th, 2025, before U.S. markets open. The company will host a conference call and webcast at 8:00 a.m. Eastern Time on the same day.

Investors can access the live webcast and replay through the investor relations section of Cipher's website at investors.ciphermining.com. Those wishing to join via telephone must register in advance to receive dial-in information and a unique PIN.

Cipher Mining (NASDAQ:CIFR) has exceeded its Q2 2025 hashrate guidance at Black Pearl, achieving 3.4 EH/s of self-mining capacity versus the projected 2.5 EH/s. The company's total self-mining hashrate has reached 16.8 EH/s, with plans to scale to 23.1 EH/s upon completion.

In its June 2025 operational update, Cipher mined 160 BTC, sold 58 BTC, and maintained a balance of 1,063 BTC. The company strategically managed power consumption through its 4CP avoidance strategy, helping maintain low operational costs. With 104,000 deployed mining rigs and a fleet efficiency of 20.8 J/TH, Cipher continues to optimize its mining operations while expanding capacity.

Cipher Mining (NASDAQ: CIFR) has announced the successful energization and commencement of bitcoin mining operations at its Black Pearl data center. The site is currently generating a hashrate of ~2.5 EH/s, with Phase I expected to reach ~9.6 EH/s upon completion.

The company's total hashrate across all sites is currently at ~16 EH/s and is projected to increase to ~23.1 EH/s during Q3 2025. The Black Pearl site, completed in 16 months, represents a significant expansion of Cipher's mining capabilities, with the company now operating five data centers and maintaining a 2.6 GW pipeline for future HPC hosting or bitcoin mining applications.

Cipher Mining (NASDAQ:CIFR) released its May 2025 operational update, highlighting significant progress in its mining operations. The company mined 179 BTC during the month, sold 64 BTC, and maintained a balance of 966 BTC. Operating with 75,000 deployed mining rigs, Cipher achieved a month-end hashrate of 13.5 EH/s with a fleet efficiency of 18.9 J/TH. The company is advancing well with its Black Pearl site development, with Phase I building near completion and legacy rigs from Odessa already relocated and awaiting energization. Cipher has purchased additional mining rigs to utilize the 150 MW power capacity at Black Pearl Phase I, expecting delivery in early July. Upon full deployment, the company projects its hashrate capacity to increase significantly from 13.5 EH/s to approximately 23.1 EH/s.