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Market Impact: 0.4
Cipher Digital Profit Is a Warrant Gain: Rapid Earnings Reaction
Source: fool.com
Crypto & Digital AssetsCompany FundamentalsCredit & Bond Markets
Bitcoin mining revenue fell 71%, while the first $5.9 million of high-performance computing rent offsets only a fraction of the lost revenue. About $5.6 billion in borrowings drove quarterly interest expense to $59 million, ahead of the data halls earning full rent.
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