Cipher Digital Sold 1,619 Bitcoins in the First Half of the Year, Recording a Loss of $47.7 Million
2026-08-06 20:52:03
According to CoinMeta, Bitcoin mining company Cipher Digital sold 1,619 Bitcoins in the first half of this year for $123.4 million, resulting in an realized loss of $47.7 million. The financial report shows that its interest expenses for the first half of the year amounted to $66.7 million, which is approximately 2.7 times its mining revenue of $24.8 million during the same period. As of the end of June, Cipher held 646 Bitcoins, valued at about $37.8 million. In addition, its Black Pearl data center began to be delivered and generate rent at the beginning of August, but the specific amount and growth rate have not yet been disclosed.
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Source:CryptoSlate
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