• Cipher Digital rebrands as it pivots from bitcoin mining to HPC, shares slide Revenue and adjusted EPS come in below estimates as company leans into large scale data center buildout. • What to know: Cipher Digital fell short of analysts’ revenue and EPS estimates in the fourth quarter. • The company, formerly Cipher Mining, rebranded to reflect a pivot from bitcoin production to high-performance computing. • The shares fell 5% in pre-market trading. • Cipher Digital (CIFR) shares fell about 5% in premarket trading after thecompany reported fourth-quarter resultsthat missed Wall Street expectations and highlighted its shift away from bitcoinBTC$63,036.25mining and toward high-performance computing (HPC) data centers. • The company, formerly known as Cipher Mining, reported fourth-quarter revenue of $60 million, belowanalyst estimatesof $84.4 million.

Article Summaries:

  • Cipher Digital (CIFR) announced a rebrand from its former identity as Cipher Mining, signalling a strategic shift from bitcoin mining to high‑performance computing (HPC). In its fourth‑quarter report, the company posted revenue of $60 million-well below the $84.4 million analysts expected-and an adjusted loss of $0.14 per share, wider than the forecasted $0.06 loss. Shares fell roughly 5 % in pre‑market trading. Management highlighted 2025 as a turning point, noting secured 600 MW of contracted capacity (including 300 MW leases with AWS and Google) and a $3.73 billion bond issuance to fund its Barber Lake and Black Pearl data‑center projects. The firm also sold its 49 % stakes in three mining joint ventures for about $40 million, further simplifying its structure.

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