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Stock impact report

Cipher Mining Provides Fourth Quarter and Full Year 2024 Business Update

Cipher Mining Inc. (CIFR) 
Company Research Source: GlobeNewswire
Fourth Quarter 2024 Net Earnings of $18m, and Adjusted Earnings of $51m Completed upgrade of Odessa fleet, increasing total self-mining hashrate to ~13.5 EH/s Completed acquisition of Stingray data center site, featuring 100 MW of front-of-the-meter capacity, all necessary regulatory approvals, and 250 acres of land adjacent to transmission assets Completed acquisition of additional 337 acres of land adjacent to Barber Lake site and entered into 60-day exclusivity for negotiations to build an additional 500 MW HPC data center adjacent to the current site NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced its fourth quarter and full year 2024 financial results, with an update on its operations and business strategy. “We had an extremely productive fourth quarter at Cipher, as we continued the on-time execution of our growth and expansion plans,” said Tyler Page, CEO. “We successfully upgraded our Odessa fleet Show less Read more
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