According to Huoxing Finance, on August 6, Bitcoin mining company Cipher Digital sold 1,619 Bitcoin, generating $123.4 million and realizing a loss of $47.7 million. Its filed documents revealed interest expenses of $66.7 million and mining revenue of $24.8 million. As of the end of June, Cipher held 646 Bitcoin valued at $37.8 million. Quarterly mining revenue declined compared to $43.6 million in the same period last year, with a loss of $23.5 million in the second quarter.
Bitcoin miner Cipher Digital sells 1,619 BTC for $123.4M, reports $47.7M loss
MarsBitShare
Summary
On August 6, 2026, Bitcoin miner Cipher Digital sold 1,619 BTC for $123.4 million amid uncertainty in BTC prices. The company reported a $47.7 million loss, with interest expenses of $66.7 million and mining revenue of $24.8 million. As of June 30, Cipher held 646 BTC valued at $37.8 million. Q2 mining revenue declined from $43.6 million in the same period last year, resulting in a $23.5 million loss. BTC dominance remains under pressure as miner sales continue.
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