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Stock impact report

Cipher Mining Inc (CIFR) Q4 2024 Earnings Call Highlights: Record Revenue Surge and Strategic ... [Yahoo! Finance]

Cipher Mining Inc. (CIFR) 
Company Research Source: Yahoo! Finance
Adjusted Earnings: $51 million in Q4 2024, or $0.14 per share. Annual Revenue Increase: $24 million increase compared to 2023. GAAP Net Loss for 2024: $45 million, or a loss of $0.14 per share. Adjusted Earnings for 2024: $107 million, up from $46 million in 2023. Hash Rate: Increased from 7.2 exahash at the end of 2023 to 13.5 exahash at the end of 2024. Bitcoin Mined: 492 Bitcoin in Q4 2024 at an average price of $84,000 per Bitcoin. Cash Position: $6 million at year-end 2024. Bitcoin Holdings: 994 Bitcoin valued at $93 million at year-end 2024. Operating Expenses: Increased by $48 million in 2024, primarily due to depreciation and amortization. Depreciation Expense: $36 million in Q4 2024, a 27% increase from the prior quarter. SoftBank Investment: $50 million through the purchase of approximately 10.4 million shares. Warning! GuruFocus has detected 2 Warning Sign with CIFR. Release Date: February 25, 2025 For the complete transcript of the earnings call, Show less Read more
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