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Cipher Digital loses $114 million in Q1 as bitcoin miner accelerates AI data center pivot

THE BLOCK·4d ago·3 min read
Photograph via The Block
RSS SUMMARY · AGGREGATED FROM THE BLOCK

The company has been pivoting from a pure-play mining model and toward leasing power and infrastructure to AI and cloud providers.

The company has been pivoting from a pure-play mining model and toward leasing power and infrastructure to AI and cloud providers.

The company has been pivoting from a pure-play mining model and toward leasing power and infrastructure to AI and cloud providers.

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