---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-060676"
form_type: "8-K"
ticker: "CIFR"
cik: "0001819989"
company_name: "Cipher Digital Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T10:26:08.935219+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cipher posts Q3 GAAP loss $0.07/share, non-GAAP profit $0.02; buys Black Pearl site and S21 rigs

## Summary
- Q3 GAAP diluted loss $0.07/share; non-GAAP diluted net income $0.02/share.
- Completed Odessa data center; self-mining capacity reached 7.2 EH/s.
- Purchased 1.2 EH/s of Bitmain S21 rigs for $14/TH, net $16.8M after coupons; deliveries Jan-Jun 2024.
- Agreed to acquire Black Pearl Texas site with up to 300 MW ERCOT interconnection; $7M in stock; close by end-2023.
- Lease up to 50 years; up to $6.3M collateral to Oncor if 135MW energized by May 2026.

## SEC filing metadata
- accession: 0000950170-23-060676
- form_type: 8-K
- ticker: CIFR
- cik: 0001819989
- company_name: Cipher Digital Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819989/000095017023060676/0000950170-23-060676-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819989/000095017023060676/cifr-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-060676
- JSON: https://secwatch.observer/filing/0000950170-23-060676.json
- Plain text: https://secwatch.observer/filing/0000950170-23-060676.txt

## Key facts
- Earnings Releases
  Cipher Digital Inc. reported the third quarter ended September 30, 2023 results: net income GAAP Diluted Net Loss of $0.07 per Share, EPS Non-GAAP Diluted Net Income of $0.02 per Share.
  - Period: the third quarter ended September 30, 2023
  - Net income: GAAP Diluted Net Loss of $0.07 per Share
  - EPS: Non-GAAP Diluted Net Income of $0.02 per Share
  - Result: reported results
  source text: On November 8, 2023, Cipher Mining Inc. (the “Company”) announced its results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819989/000095017023060676/0000950170-23-060676-index.htm

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