Cipher Mining (CIFR) Reports Q1 2026 Earnings with Revenue Decline and Debt Details
Cipher Mining (CIFR) reported Q1 2026 earnings with a revenue decline to $35 million, driven by the winding down of mining operations at Black Pearl and a shift toward data center revenue. The company also disclosed a GAAP net loss of $114 million and total debt of $5.2 billion, primarily tied to contracted project assets.
Topics: data center leases debt financial results operating capacity project development revenue