Bitcoin miner Cipher Digital sold 1,619 BTC for $123.4 million in the first half of the year

TechFlow news, August 6, according to CryptoSlate, Bitcoin miner Cipher Digital sold 1,619 BTC for $123.4 million in the first half of the year, recording a realized loss of $47.7 million. During the period, interest expenses reached $66.7 million, approximately 2.7 times the mining revenue ($24.8 million), indicating significant financial pressure. In the first half of the year, operations consumed $152 million in cash, while financing activities saw a net inflow of $2.84 billion, including $129.2 million from share issuance. Additionally, a $150.5 million non-cash warrant expense expanded the quarterly net loss to $267.5 million.