Cipher Digital has completed its transformation from a Bitcoin miner to a high-performance computing data center developer and has signed long-term HPC capacity leasing agreements with AWS, Google, and Fluidstack. The company, listed on NASDAQ under the ticker CIFR, reports that its contract revenue base has reached billions of dollars and has shifted to a contract-based infrastructure model. Its stock price is $15.60, with a weekly increase of 6.5%, but a monthly decrease of 17.8%. Due to the divestment of non-core mining assets, this transformation resulted in the company posting an annual net loss of $822.24 million.

BTC1.59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)