---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-019125"
form_type: "8-K"
ticker: "CIFR"
cik: "0001819989"
company_name: "Cipher Digital Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:47:43.215505+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cipher Mining reports Q1 GAAP loss $0.03/sh; non-GAAP profit $0.03/sh; miner purchase to 7.2 EH/s

## Summary
- GAAP diluted net loss of $0.03 per share; non-GAAP diluted net income of $0.03 per share.
- Self-mining hash rate capacity reached 6.0 EH/s across four data centers; target 7.2 EH/s.
- Purchased 11,000 Canaan A1346 miners for Odessa facility; delivery and energization in Q3 2023.
- Weighted average power price ~2.7 c/kWh, with 96% of portfolio on fixed-price contracts.
- Total deployed fleet to exceed 70,000 miners after Q3 delivery.

## SEC filing metadata
- accession: 0000950170-23-019125
- form_type: 8-K
- ticker: CIFR
- cik: 0001819989
- company_name: Cipher Digital Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819989/000095017023019125/0000950170-23-019125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819989/000095017023019125/cifr-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-019125
- JSON: https://secwatch.observer/filing/0000950170-23-019125.json
- Plain text: https://secwatch.observer/filing/0000950170-23-019125.txt

## Key facts
- Earnings Releases
  Cipher Digital Inc. reported first quarter ended March 31, 2023 results: net income GAAP diluted net loss of $0.03 per share, EPS GAAP diluted net loss of $0.03 per share (Non-GAAP diluted net income of $0.03 per share).
  - Period: first quarter ended March 31, 2023
  - Net income: GAAP diluted net loss of $0.03 per share
  - EPS: GAAP diluted net loss of $0.03 per share (Non-GAAP diluted net income of $0.03 per share)
  - Result: reported results
  source text: Cipher Mining Inc. (the “Company”) announced its results for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819989/000095017023019125/0000950170-23-019125-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.