Cipher Mining (US:CIFR) Yahoo Finance·2025-12-20 19:45Core Insights - Aurelius Capital Management has initiated a new position in Cipher Mining Inc., acquiring 500,000 shares valued at approximately $6.3 million, representing 11.4% of the fund's reportable U.S. equity assets [2][3][6] Company Overview - Cipher Mining operates bitcoin mining facilities and provides technology services focused on cryptocurrency mining, generating revenue primarily from mining and selling bitcoin [5][8] - As of the latest report, Cipher Mining's market capitalization is $6.4 billion, with a revenue of $206.5 million and a net income of -$70.5 million [5] Financial Performance - Cipher Mining reported third-quarter revenue of $72 million and adjusted earnings of $41 million, indicating a significant recovery compared to previous downturns in the crypto market [10] - The company has disclosed long-term AI hosting lease payments of approximately $8.5 billion, including a 15-year agreement with Amazon Web Services for 300 megawatts of capacity starting in 2026 [10] Market Position - Cipher Mining's shares have increased by 182% over the past year, significantly outperforming the S&P 500's gain of 16.5% during the same period [4] - The new position in Cipher Mining is the fund's third-largest holding, indicating a strong conviction in the company's growth potential within the bitcoin mining sector [6][9]