U.S. publicly traded company Cipher Digital (CIFR) announced its Q4 financial results, with revenue of $60 million, below market expectations of $84.4 million; adjusted loss per share of $0.14, higher than the expected loss of $0.06; and an adjusted net loss of $55 million for the quarter. The company, formerly known as Cipher Mining, has rebranded as Cipher Digital and announced a shift in business focus from Bitcoin mining to high-performance computing (HPC) data center construction. (CoinDesk)
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U.S. publicly traded company Cipher Digital (CIFR) announced its Q4 financial results, with revenue of $60 million, below market expectations of $84.4 million; adjusted loss per share of $0.14, higher than the expected loss of $0.06; and an adjusted net loss of $55 million for the quarter. The company, formerly known as Cipher Mining, has rebranded as Cipher Digital and announced a shift in business focus from Bitcoin mining to high-performance computing (HPC) data center construction. (CoinDesk)