Cost EfficiencyCipher Mining has a compelling combination of low costs and smart capital allocation, making it a favorite story in the sector.
Financial PerformanceCIFR reported strong 1Q25 results with revenues of $49M and estimated proforma Adj. EBITDA of $26M, in line with previous estimates.
PartnershipsCipher's newly formed partnership with Fortress is seen as a significant development that should accelerate the company's timeline to sign an HPC/AI tenant.