Daily Market Updates: Bitcoin miner Cipher posts $31 million profit as AI pivot begins

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At close · Sat, Oct 31, 2026

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Home›Crypto›Bitcoin›Bitcoin miner Cipher posts $31 million profit as AI pi…

Bitcoin miner Cipher posts $31 million profit as AI pivot begins

Reported · Written up by our desk · Bitcoin

The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.

Latest closeBitcoin $77,435.73 ▲1.0%

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Sources

CoinDeskBitcoin miner Cipher posts $31 million profit as AI pivot begins

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