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via The Block · By The Block Editorial

Cipher Digital loses $114 million in Q1 as bitcoin miner accelerates AI data center pivot

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The Block Editorial

(02:28 PM UTC)

1 min read

Verified bySarah Chen

1356 views

0 comments

Cipher Digital posted a net loss more than double what the bitcoin miner reported last year as the company continues to recast itself as an AI infrastructure provider.

The company registered a net loss of $114 million during the first quarter of this year, compared to a net loss of $39 million in the first quarter of 2025. Bitcoin mining revenue also fell to $35 million, down from $49 million…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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