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Cipher Digital (CIFR) Q4 FY25 earnings call

Earnings call· Dec 2025 (Q4 FY25)· Information Technology· Feb 24, 2026

Source: earnings call transcript

Cipher Digital completed a strategic transformation in FY25, rebranding from a Bitcoin miner to a digital infrastructure company focused on hyperscale compute. This pivot is marked by securing long-term leases with hyperscalers, successful project financings, and the divestiture of Bitcoin mining assets. The company is now positioned for stable, long-duration cash flows from contracted leases, with a clear trajectory for growth in high-performance computing.

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CIFR operating KPIs by quarter

CIFR operating KPIs stated on its earnings calls, by fiscal quarter
KPI Mar 2026 Q1 FY26 Jun 2026 Q2 FY26Change vs prior quarter
Bitcoin mined Odessa
~346 In the first quarter, we mined approximately 346 Bitcoin at Odessa. Source: earnings call transcript
~346 In the second quarter, we mined approximately 346 bitcoin at Odessa. Source: earnings call transcript
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Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.