Cipher Digital (CIFR) Stock Drops on Earnings Miss as AWS Deal Takes Center Stage

TLDR Cipher Digital (formerly Cipher Mining) reported Q4 revenue of $60M, missing the $84.4M estimate Adjusted EPS came in at a loss of $0.14, wider than the forecast loss of $0.06 The company rebranded to reflect a pivot from bitcoin mining to high-performance computing (HPC) Cipher secured 600 MW of contracted capacity, including deals with [...]

The post Cipher Digital (CIFR) Stock Drops on Earnings Miss as AWS Deal Takes Center Stage appeared first on Blockonomi.