---
schema_version: "secwatch.filing_event.v1"
accession: "0001819989-25-000079"
form_type: "8-K"
ticker: "CIFR"
cik: "0001819989"
company_name: "Cipher Digital Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T18:11:05.929565+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001819989-25-000079
- form_type: 8-K
- ticker: CIFR
- cik: 0001819989
- company_name: Cipher Digital Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819989/000181998925000079/0001819989-25-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819989/000181998925000079/cifr-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819989-25-000079
- JSON: https://secwatch.observer/filing/0001819989-25-000079.json
- Plain text: https://secwatch.observer/filing/0001819989-25-000079.txt

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