Sentiment: Negative
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Cipher Digital (CIFR) Stock: Falls 15% After Q2 Earnings Miss, Wall Street Maintain Strong Buy Ratings
By Kelvin Munene at 2026-10-05 19:31
Sentiment: Negative
TLDR Cipher Digital stock dropped nearly 15% after reporting weaker-than-expected Q2 revenue and earnings. Q2 revenue fell to $24.84 million, missing Wall Street estimates of $32.52 million. A $150.5 million non-cash warrant loss widened the company’s quarterly net loss to $268 million. Management said Black Pearl’s first phase was delivered early and now generates rental [...] The post Cipher Digital (CIFR) Stock: Falls 15% After Q2 Earnings Miss, Wall Street Maintain Strong Buy Ratings appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #bitcoin mining
Source Coin Central