Revenue: As of FY2025 Q3, the actual value is USD 71.71 M.EPS: As of FY2025 Q3, the actual value is USD -0.01.EBIT: As of FY2025 Q3, the actual value is USD -36.79 M.<h3>Segment Revenue</h3><ul><li>Third Quarter 2025 Revenue: $72 million.</li><li>Bitcoin Mining Revenue: $71.7 million for the three months ended September 30, 2025, compared to $43.6 million for the three months ended June 30, 2025, and $24.1 million for the three months ended September 30, 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Q3 2025 Net Loss: $3 million, or $0.01 per share.</li><li>Adjusted Earnings: $41 million, or $0.10 per diluted share.</li><li>Cost of Revenue: $26.733 million.</li><li>Total Costs and Operating Expenses: $109.324 million.</li><li>Operating Loss: $37.617 million.</li><li>Net Loss: $3.283 million.</li><li>Net Loss: $3.3 million for the three months ended September 30, 2025, compared to $45.8 million for the three months ended June 30, 2025, and $86.8 million for the three months ended September 30, 2024.</li><li>Operating Loss: $37.6 million for the three months ended September 30, 2025, compared to $45.2 million for the three months ended June 30, 2025, and $91.4 million for the three months ended September 30, 2024.</li><li>Adjusted Earnings: $40.7 million for the three months ended September 30, 2025, compared to $30.3 million for the three months ended June 30, 2025, and a loss of $3.4 million for the three months ended September 30, 2024.</li></ul><h3>Cash Flow</h3><ul><li>Successfully completed $1.3 billion convertible note offering.</li><li>Cash and Cash Equivalents: $1.2 billion as of September 30, 2025, compared to $63 million as of June 30, 2025.</li></ul><h3>Unique Metrics</h3><ul><li>Executed 15-Year data center campus lease with Amazon Web Services to support AI workloads.</li><li>Secured Majority Ownership in Joint Venture to Develop 1-Gigawatt Site in West Texas.</li><li>AI hosting contracts represent approximately $8.5 billion in lease payments.</li><li>Pipeline of 3.2 GW of site capacity.</li><li>Total Self-Mining Hashrate: Approximately 23.6 EH/s as of Q3 2025, a 40% increase from Q2 2025.</li><li>Total BTC Held: Approximately 1,500 BTC as of Q3 2025.</li></ul><h3>Outlook / Guidance</h3><ul><li>Cipher is confident in its positioning to seize additional opportunities created by the growing power shortfall in the industry.</li><li>Cipher Mining has entered into a 15-year lease agreement with Amazon Web Services to provide 300 MW of capacity for AI workloads, expected to commence in August 2026. The company also secured a 1 GW site expected to energize in 2028, with a 95% ownership in the joint venture. Additionally, Cipher signed a 10-year lease with Fluidstack, backed by Google, for 244 MW of capacity, with construction underway and expected completion in September 2026.</li></ul>

Cipher Mining - CW25 | 8-K: FY2025 Q3 Revenue: USD 71.71 M