Cipher Mining Q2 2025 revenue $44M, adjusted earnings $30M; self-mining capacity reaches ~16.8 EH/s

Cipher Digital Inc.

2025-Q2 EPS reported -$0.23 revenue$92,524,000

Q2 net loss $46M ($0.12/share); Non-GAAP adjusted earnings $30M ($0.08 diluted EPS).
Revenue $44M; self-mining capacity ~16.8 EH/s, targeting ~23.5 EH/s by end of Q3 2025.
Energized Black Pearl Phase I (150 MW) ahead of schedule; Phase II designed for HPC/bitcoin mining.
Completed $172.5M convertible note offering; HPC tenant interest ongoing at Barber Lake.
Pipeline of 2.6 GW site capacity; strategic pivot to HPC data center development.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.