{"schema_version":"secwatch.filing_event.v1","accession":"0001819989-25-000034","form_type":"8-K","ticker":"CIFR","cik":"0001819989","company_name":"Cipher Digital Inc.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.885237+00:00","generated_at":"2026-05-22T13:34:16.936139+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cipher Mining Q1 revenue $49M (+16% QoQ); signs JV term sheet with Fortress for Barber Lake","bullets":["Revenue $49M, up 16% QoQ; GAAP net loss $39M ($0.11/sh); non-GAAP adj. earnings $6M ($0.02/sh).","Signed term sheet with Fortress Credit Advisors to finance Barber Lake JV; multiple HPC tenants under NDA.","Black Pearl Phase I nearing completion; redeploying idle rigs to bring ~2.5 EH/s online one quarter early.","Target hashrate ~16.0 EH/s by end of Q2 and ~23.1 EH/s by end of Q3 2025.","Holds 2.8 GW site capacity pipeline; accelerated rig deployment at no additional capex."],"urls":{"canonical":"https://secwatch.observer/filing/0001819989-25-000034","json":"https://secwatch.observer/filing/0001819989-25-000034.json","markdown":"https://secwatch.observer/filing/0001819989-25-000034.md","text":"https://secwatch.observer/filing/0001819989-25-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819989/000181998925000034/0001819989-25-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819989/000181998925000034/cifr-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T13:34:16.936139+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}