Cipher Mining Q3 net loss $87M; completes Barber Lake and Reveille acquisitions; adds 1.5 GW options

Cipher Digital Inc.

2024-Q3 EPS reported -$0.20 revenue$109,047,000

Q3 net loss $87M ($0.26 diluted EPS); adjusted loss $3M ($0.01 diluted EPS).
Completed acquisition of 300 MW Barber Lake site and 70 MW Reveille site (expandable to 200 MW).
Signed options to acquire three Texas sites totaling up to 1.5 GW suitable for HPC or bitcoin mining.
Odessa fleet upgrade on track for Q4 2024, targeting ~13.5 EH/s self-mining hashrate.

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