secwatch.observer — SEC 8-K summary
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Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001819989-24-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000181998924000026/0001819989-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000181998924000026/cifr-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001819989-24-000026

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