Cipher Mining Announces June 2024 Operational Update; Mined 176 Bitcoin; Sold 103 Bitcoin; 2,209 Bitcoin Held

7/2/24 4:13:25 PM ET

Finance: Consumer Services

Finance

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Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for June 2024.

Key Highlights

Key Metrics	June 2024
BTC Mined1	176
BTC Sold	103
BTC Held	2,209
Deployed Mining Rigs	75,000
Month End Operating Hash Rate (EH/s)	8.6

1 Includes June power sales estimates (based on current meter data and nodal prices) equivalent to 6 bitcoin (using month-end bitcoin price of $63,370)

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Recent Analyst Ratings for
$CIFR

Date	Price Target	Rating	Analyst
9/25/2024	$6.00	Outperform	Northland Capital
9/25/2024	$6.00	Outperform	Macquarie
6/11/2024	$5.00 → $9.00	Overweight	Cantor Fitzgerald
10/11/2023		Neutral	JP Morgan
9/15/2023	$6.00	Buy	BTIG Research
6/6/2023	$4.00	Buy	Compass Point
4/25/2023	$4.00	Buy	Canaccord Genuity
3/14/2023	$3.00	Buy	Cantor Fitzgerald

More analyst ratings

Cipher Mining Provides Third Quarter 2024 Business Update
Completed acquisition of Barber Lake data center site, which includes 250 acres of land in West Texas, a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market Completed acquisition of Reveille data center site, which includes approvals for 70 MW and potential to expand to 200 MW, with energization targeted for 2027 Signed option agreements to purchase or lease three sites in Texas with targeted power capacity of 500 MW each, suitable for HPC or bitcoin mining Third Quarter 2024 Net Loss of $87m, and Adjusted Loss of $3m NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" o
10/31/24 7:00:00 AM ET
$CIFR
Finance: Consumer Services
Finance
Cipher Mining Announces Date of Third Quarter 2024 Business Update Conference Call
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company"), a U.S.-based Bitcoin mining company, today announced it will provide a business update and release its third quarter 2024 financial results before U.S. markets open on Thursday, October 31, 2024. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time. The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher's website at https://investors.ciphermining.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. About CipherCi
10/16/24 4:05:00 PM ET
$CIFR
Finance: Consumer Services
Finance
Cipher Mining Provides Second Quarter 2024 Business Update
Current hashrate of ~8.7 EH/s on target for ~13.5 EH/s by end of 2024 and ~35.0 EH/s by end of 2025 Acquiring additional 1.7 GW of power capacity suitable for HPC infrastructure or bitcoin mining Second Quarter 2024 GAAP Net Loss of $15m, and Non-GAAP Adjusted Loss of $3m NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today announced results for its second quarter ended June 30, 2024, with an update on its operations and business strategy. "We currently operate ~8.7 EH/s of self-mining hashrate and are on track to hit ~13.5 EH/s by year-end 2024, and ~35.0 EH/s by year-end 2025," said Tyler Page, CEO of Cipher.
8/13/24 7:00:00 AM ET
$CIFR
Finance: Consumer Services
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$CIFR
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Cipher Mining Announces October 2024 Operational Update
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for October 2024. Key Highlights Key MetricsOctober 2024BTC Mined1168BTC Sold248BTC Held1,428Deployed Mining Rigs77,000Month End Operating Hash Rate (EH/s)10.7 1 Includes October power sales estimates (based on current meter data and nodal prices) equivalent to 4.5 bitcoin (using month-end bitcoin price of $69,278) and 30 BTC mined at JV data centers representing Cipher's ownership Management Commentary for October During the month, the Company's operations an
11/4/24 4:05:00 PM ET
$CIFR
Finance: Consumer Services
Finance
Cipher Mining Provides Third Quarter 2024 Business Update
Completed acquisition of Barber Lake data center site, which includes 250 acres of land in West Texas, a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market Completed acquisition of Reveille data center site, which includes approvals for 70 MW and potential to expand to 200 MW, with energization targeted for 2027 Signed option agreements to purchase or lease three sites in Texas with targeted power capacity of 500 MW each, suitable for HPC or bitcoin mining Third Quarter 2024 Net Loss of $87m, and Adjusted Loss of $3m NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" o
10/31/24 7:00:00 AM ET
$CIFR
Finance: Consumer Services
Finance
Cipher Mining Announces Date of Third Quarter 2024 Business Update Conference Call
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company"), a U.S.-based Bitcoin mining company, today announced it will provide a business update and release its third quarter 2024 financial results before U.S. markets open on Thursday, October 31, 2024. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time. The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher's website at https://investors.ciphermining.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. About CipherCi
10/16/24 4:05:00 PM ET
$CIFR
Finance: Consumer Services
Finance

Cipher Mining Announces June 2024 Operational Update; Mined 176 Bitcoin; Sold 103 Bitcoin; 2,209 Bitcoin Held

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Recent Analyst Ratings for
$CIFR

$CIFR
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Co-President and COO Kelly Patrick Arthur sold $380,633 worth of shares (53,161 units at $7.16), decreasing direct ownership by 7% to 664,270 units (SEC Form 4)

Large owner Bitfury Top Holdco B.V. sold $1,980,000 worth of shares (300,000 units at $6.60) (SEC Form 4)

Co-President and CLO Iwaschuk William sold $4,200 worth of shares (600 units at $7.00), decreasing direct ownership by 0.10% to 618,548 units (SEC Form 4)

$CIFR
Financials

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Cipher Mining Provides Third Quarter 2024 Business Update

Cipher Mining Announces Date of Third Quarter 2024 Business Update Conference Call

Cipher Mining Provides Second Quarter 2024 Business Update

$CIFR
Press Releases

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Cipher Mining Announces October 2024 Operational Update

Cipher Mining Provides Third Quarter 2024 Business Update

Cipher Mining Announces Date of Third Quarter 2024 Business Update Conference Call

$CIFR
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Northland Capital initiated coverage on Cipher Mining with a new price target

Macquarie initiated coverage on Cipher Mining with a new price target

Cantor Fitzgerald resumed coverage on Cipher Mining with a new price target

$CIFR
Large Ownership Changes

This live feed shows all institutional transactions in real time.

$CIFR
SEC Filings

Amendment: SEC Form SC 13G/A filed by Cipher Mining Inc.

Amendment: SEC Form SC 13G/A filed by Cipher Mining Inc.

Amendment: SEC Form SC 13D/A filed by Cipher Mining Inc.

SEC Form 10-Q filed by Cipher Mining Inc.

Cipher Mining Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 424B5 filed by Cipher Mining Inc.

$CIFR
Market Insights

Live Market Insights

Bitcoin Miner Cipher Said To Mull Sale Amid Takeover Interest

What Happened With Cipher Mining Stock Today?

Shares of crypto-linked stocks are trading higher after Bitcoin rose above $62,000.

Cipher Mining Announces June 2024 Operational Update; Mined 176 Bitcoin; Sold 103 Bitcoin; 2,209 Bitcoin Held

Chat with this insight

Recent Analyst Ratings for $CIFR

$CIFR Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Co-President and COO Kelly Patrick Arthur sold $380,633 worth of shares (53,161 units at $7.16), decreasing direct ownership by 7% to 664,270 units (SEC Form 4)

Large owner Bitfury Top Holdco B.V. sold $1,980,000 worth of shares (300,000 units at $6.60) (SEC Form 4)

Co-President and CLO Iwaschuk William sold $4,200 worth of shares (600 units at $7.00), decreasing direct ownership by 0.10% to 618,548 units (SEC Form 4)

$CIFR Financials

Live finance-specific insights

Cipher Mining Provides Third Quarter 2024 Business Update

Cipher Mining Announces Date of Third Quarter 2024 Business Update Conference Call

Cipher Mining Provides Second Quarter 2024 Business Update

$CIFR Press Releases

Fastest customizable press release news feed in the world

Cipher Mining Announces October 2024 Operational Update

Cipher Mining Provides Third Quarter 2024 Business Update

Cipher Mining Announces Date of Third Quarter 2024 Business Update Conference Call

$CIFR Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Northland Capital initiated coverage on Cipher Mining with a new price target

Macquarie initiated coverage on Cipher Mining with a new price target

Cantor Fitzgerald resumed coverage on Cipher Mining with a new price target

$CIFR Large Ownership Changes

This live feed shows all institutional transactions in real time.

$CIFR SEC Filings

Amendment: SEC Form SC 13G/A filed by Cipher Mining Inc.

Amendment: SEC Form SC 13G/A filed by Cipher Mining Inc.

Amendment: SEC Form SC 13D/A filed by Cipher Mining Inc.

SEC Form 10-Q filed by Cipher Mining Inc.

Cipher Mining Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 424B5 filed by Cipher Mining Inc.

$CIFR Market Insights

Live Market Insights

Bitcoin Miner Cipher Said To Mull Sale Amid Takeover Interest

What Happened With Cipher Mining Stock Today?

Shares of crypto-linked stocks are trading higher after Bitcoin rose above $62,000.

Recent Analyst Ratings for
$CIFR

$CIFR
Insider Trading

$CIFR
Financials

$CIFR
Press Releases

$CIFR
Analyst Ratings

$CIFR
Large Ownership Changes

$CIFR
SEC Filings

$CIFR
Market Insights