Cipher mining provides first quarter 2025 business update

First quarter 2025 revenue of $49m, up 16% quarter over quarter signed term sheet with fortress credit advisors to serve as the jv financing partner at barber lake nearing completion of 150 mw phase i infrastructure at black pearl first quarter 2025 gaap net loss of $39m, and non-gaap adjusted earnings of $6m new york, may 06, 2025 (globe newswire) --   cipher mining inc. (nasdaq: cifr) (“cipher” or the “company”) today announced its first quarter 2025 financial results, with an update on its operations and business strategy. “the first quarter was marked by disciplined execution and steady progress as we advanced our 2025 expansion plans,” said tyler page, ceo.
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