The company states: “Cipher delivered a solid month of production during a hot August in Texas. As expected over the summer, the Company saw meaningful curtailment from its power provider at the Odessa data center during the month. In August, the Company also qualified as a well-known seasoned issuer and, with that new filing status, today filed a new shelf registration statement that provides flexibility to raise debt, equity or hybrid instruments for accretive opportunities. Cipher produced ~1601 BTC in August. As part of its regular treasury management process, Cipher sold ~136 BTC in August, ending the month with a balance of ~2,284 BTC.”
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