Cipher Mining Inc. Stock Price, News & Analysis

Cipher Mining (NASDAQ: CIFR) reported its Q1 2025 results with revenue of $49 million, up 16% quarter-over-quarter. The company recorded a GAAP net loss of $39 million ($0.11 per share) but achieved non-GAAP adjusted earnings of $6 million ($0.02 per share). Key developments include signing a term sheet with Fortress Credit Advisors for JV financing at Barber Lake and nearing completion of the 150 MW Phase I infrastructure at Black Pearl. The company's mining capacity reached ~13.5 EH/s after completing Odessa fleet upgrades. Cipher plans to expand to ~16.0 EH/s by Q2 end and ~23.1 EH/s by Q3 end. The company maintains a substantial growth pipeline with 2.8 GW of site capacity and is seeing increased HPC tenant interest at Barber Lake.

Cipher Mining (NASDAQ:CIFR) released its April 2025 operational update, showing the company mined 174 Bitcoin during the month, including power sales estimates equivalent to ~3 BTC and ~24 BTC mined at JV data centers. The company sold 350 BTC through treasury management and held 855 BTC at month-end. Cipher's operational metrics include 75,000 deployed mining rigs with a month-end operating hashrate of 13.5 EH/s and fleet efficiency of 18.9 J/TH. Production was impacted by a three-day planned shutdown at Odessa for maintenance, permitted under the power purchase agreement's 5% annual curtailment allowance. The company's Black Pearl facility remains on schedule for Q2 energization.

Cipher Mining (NASDAQ: CIFR) has scheduled its first quarter 2025 earnings release and business update for Tuesday, May 6, 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 and interested parties can access the live webcast and replay through the investor relations section of Cipher's website at investors.ciphermining.com. For those who prefer to join via telephone, a registration system is in place to provide dial-in numbers and a unique PIN for participation.

Cipher Mining (NASDAQ:CIFR) has released its March 2025 operational update, showcasing steady mining performance. The company mined approximately 210 Bitcoin during the month, including power sales equivalent to 3 BTC and 26 BTC from JV data centers.

Key operational metrics include:

• 75,000 deployed mining rigs
• 13.5 EH/s month-end operating hashrate
• 18.9 J/TH month-end fleet efficiency

As part of its treasury management, Cipher sold 206 BTC, maintaining a balance of 1,034 BTC at month-end, with approximately 394 BTC pledged as collateral. The company reports ahead-of-schedule progress on its Black Pearl construction project, notably receiving the second transformer earlier than planned.

Cipher Mining (NASDAQ:CIFR) has released its operational update for February 2025, demonstrating robust performance despite a planned maintenance shutdown at its Odessa facility. The company achieved a production of ~1,801 Bitcoin during the month.

As part of its treasury management strategy, Cipher sold approximately 235 BTC in February, concluding the month with a balance of ~1,032 BTC. The company also reported progress at its Black Pearl site with the arrival of the first substation transformer.

Cipher Mining (NASDAQ:CIFR), a leading developer of industrial-scale data centers, has announced its upcoming participation in several industry conferences. CEO Tyler Page will engage in fireside chats focusing on the company's existing site capacity, growth strategy, and opportunities in bitcoin mining and HPC.

Webcast links for the events will be shared on Cipher's X and LinkedIn platforms prior to each conference. Replay recordings will be accessible through the Events section of Cipher's investor relations website. Interested parties can contact the company's investor relations team for additional information.

Cipher Mining (NASDAQ: CIFR) released its fourth quarter and full year 2024 financial results, reporting Q4 net earnings of $18 million ($0.05 per diluted share) and adjusted earnings of $51 million ($0.14 per diluted share).

The company successfully upgraded its Odessa fleet, increasing total self-mining hashrate to approximately 13.5 EH/s. Cipher also completed the acquisition of the Stingray data center site in West Texas, featuring 100 MW of front-of-the-meter capacity, and acquired 337 additional acres adjacent to its Barber Lake site.

Furthermore, Cipher entered into 60-day exclusivity with Priority Power to negotiate building an additional 500 MW HPC data center adjacent to the Barber Lake site. The company has grown its pipeline to 2.8 GW of site capacity with optionality for both HPC or bitcoin mining data centers.

Construction of Phase I of Black Pearl, featuring 150 MW of capacity and expected to generate over ~9.5 EH/s, remains on track to energize in the second quarter of this year.

Cipher Mining (NASDAQ: CIFR) has scheduled its fourth quarter and full year 2024 financial results announcement and business update for Tuesday, February 25, 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 and interested parties can access the live webcast and replay through the investor relations section of Cipher's website at https://investors.ciphermining.com. To participate in the conference call, attendees must register in advance to receive dial-in numbers and a unique PIN.

Cipher Mining (NASDAQ:CIFR) has released its operational update for January 2025. The company mined approximately 219 BTC during the month, including power sales estimates equivalent to 1 bitcoin and 29 BTC mined at JV data centers. As part of treasury management, Cipher sold 471 BTC and held a balance of 21,091 BTC at month's end.

The company's operational metrics show 75,000 deployed mining rigs, with a month-end operating hashrate of 13.5 EH/s and fleet efficiency of 18.9 J/TH. Progress continues at the Black Pearl site, with Phase 1 buildings nearing completion, covering over 100,000 square feet. The facility's miner wings 1-3 are approximately 1,000 feet long each and will accommodate about 13,440 mining rigs.

Management is actively engaging with potential tenants and financing partners as part of their strategy to establish Cipher as a leader in HPC data center development.