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Cipher Digital's Q3 revenue fell 63% as Bitcoin mining shrank, and its CEO rejected the 'Neocloud' label; coverage also flagged its first HPC rent alongside a $72M operating loss.

The first high-performance computing lease revenue is an early step in the Bitcoin-miner pivot to AI hosting, but the $72M operating loss shows the conversion economics are still unproven.
Trade pressSlicast · November 2, 2026 at 16:05 UTC · US · Source: BigGo Finance
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Cipher Digital's Q3 revenue fell 63% as… · Slicast