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Cipher Digital’s $31.6M profit comes despite a 63% revenue decline
Cipher Digital reported a $31. 6 million profit for the third quarter of 2026 as its shift toward AI data center leasing began generating revenue. But the profit largely reflected a noncash accounting gain tied to Google warrants, while revenue dropped 63% and operating losses widened. The company’s November 2, 2026, SEC filing shows quarterly revenue […]