secwatch.observer — SEC 8-K summary
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Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000950170-23-019125
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000095017023019125/0000950170-23-019125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000095017023019125/cifr-20230509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-019125

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer