secwatch.observer — SEC 8-K summary
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Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0000950170-24-025393
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cipher Mining reports Q4 GAAP net income $10.6M; FY 2023 revenue $126.8M
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- Q4 2023 GAAP net income $10.6M; non-GAAP net income $27.8M.
- Full year 2023 revenue $126.8M; first quarter with all four data centers at full capacity.
- Hash rate increased to 7.4 EH/s in Q1 2024; targeting 9.3 EH/s by Q3 2024 and 25 EH/s by end 2025.
- Acquired 300 MW Black Pearl facility; construction started for partial energization Q2 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000095017024025393/0000950170-24-025393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000095017024025393/cifr-20240305.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-025393

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