Crypto
Cipher Digital's Pivot to AI Priced at $3.73B, Sees Net Loss of $55M
Cipher Digital has released its Q4 and full-year 2025 results, reporting $60 million in revenue and an adjusted net loss of $55 million.
The company attributed the figures to heavy transition costs as it shifts away from Bitcoin mining towards a leading HPC data center development business.
Cipher Digital has secured $3.73 billion in funding for its AI pivot through three senior secured bond offerings, supporting the buildout of its HPC infrastructure.