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📰 【Cipher Digital First Quarter Losses $114 Million, Accelerating Transition to AI Data Center Business】
BlockBeats news, May 5th, Bitcoin mining company Cipher Digital disclosed a net loss of $114 million in the first quarter of 2026, further widening from a $39 million loss in the same period last year. The financial report shows that the company's Bitcoin mining revenue for the quarter dropped to $35 million, down year-over-year (last year’s same period was $49 million), and its Bitcoin holdings also decreased from $125 million to $76 million. Despite the pressure on performance, CEO Taylor Paige emphasized that the company is accelerating its transition to AI and high-performance computing infrastructure. The company has signed its third AI data center leasing agreement in the first quarter, with...
I swear! Cipher Digital lost $114 million in the first quarter, mining revenue only $35 million, the market makers must be panicking! BTC holdings shrank from $125 million to $76 million, it's basically being shaken out by market manipulators! And transitioning to AI data centers? Come on, that’s just riding the hype! The sky is falling, folks, miners can’t hold on anymore, maybe a big bloodbath is coming? I’m watching $BTC as it crashes, the bottoming opportunity might be right in front of us! Don’t hesitate anymore!👇👇👇👇👇