Google’s $3 Billion AI Bet on a Bitcoin Miner – Cipher Mining’s Q3 Bombshell Deals
Cipher Mining’s “Transformative” Q3 Results Cipher Mining’s third quarter 2025 financial results underscore a company in transition. Revenue came in at $72 million, more than triple the year-ago quarter (up 213%) etfchannel.com. This jump was largely thanks to new mining capacity like the Black Pearl site ramping up Bitcoin production and efficiency etfchannel.com. Despite the rapid growth, the company recorded a modest net loss of $3 million (−$0.01 per share) under GAAP accounting stocktitan.net. Notably, after adjusting for various items, Cipher actually achieved $41 million in adjusted earnings (approximately $0.10 per diluted share) stocktitan.net, reflecting the strong underlying profitability of its operations. “The