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

मुख्य बातें

• Bitcoin mining firm Cipher Digital reported a third-quarter profit of $31 million despite experiencing a 63% decline in revenue.
• The net profit was primarily driven by a $127 million accounting gain, which successfully offset an operating loss for the period.
• Additionally, the company announced that it has begun a strategic pivot into artificial intelligence.

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