On August 7, Cipher Mining Inc. fell 5.71% in regular trading, trading at $17.065/share, with turnover of $159 million. The stock had rebounded over 5% in pre-market but reversed lower after the open, extending its post-earnings decline to a fourth consecutive session.

The company released Q2 results on August 4, reporting a loss of $0.65 per share, far exceeding analyst consensus estimates of a $0.22-$0.24 loss and deteriorating sharply from a $0.12 loss a year earlier. Revenue came in at $24.8 million, down 43% year-over-year and well below the $31.9-$32.5 million analyst forecast. Despite progress on its AI data center transition — including the early delivery of capacity at its Black Pearl campus and the completion of an $810 million senior secured notes offering to fund its Stingray data center — the magnitude of the quarterly loss has dominated market sentiment. The stock has now declined approximately 30% cumulatively since the earnings release.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)