Business
Cipher's Mining Revenue Fell 71% as AI Leases Brought In $5.9 Million
The quarter's $31.6 million of net income is attributed mainly to a $127 million non-cash gain on warrants, and the same quarter reported a 22-cent diluted loss per share. Adjusted EBITDA swung to negative $9.96 million from positive $40.8 million a year earlier.
·MiningPool Staff