---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-095751"
form_type: "8-K"
ticker: "CIFR"
cik: "0001819989"
company_name: "Cipher Digital Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:47:36.082508+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cipher Mining Q2 GAAP net loss $15M; adding 1.7 GW power, targets 35 EH/s by 2025

## Summary
- Q2 2024 GAAP net loss $15M ($0.05 diluted share); non-GAAP adjusted loss $3M ($0.01/share).
- Current self-mining hashrate ~8.7 EH/s; targeting ~13.5 EH/s by Q4 2024 and ~35.0 EH/s by end-2025.
- Acquiring 1.7 GW power capacity: Reveille site (up to 200 MW) closing soon; term for option on 1.5 GW sites.
- Construction of 300 MW Black Pearl data center underway; energization expected Q2 2025.
- Odessa site upgrade on track for Q4 2024 to reach ~13.5 EH/s.

## SEC filing metadata
- accession: 0000950170-24-095751
- form_type: 8-K
- ticker: CIFR
- cik: 0001819989
- company_name: Cipher Digital Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1819989/000095017024095751/0000950170-24-095751-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819989/000095017024095751/cifr-20240813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-095751
- JSON: https://secwatch.observer/filing/0000950170-24-095751.json
- Plain text: https://secwatch.observer/filing/0000950170-24-095751.txt

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