Cipher Mining (CIFR) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Cipher Mining Provides First Quarter 2025 Business Update First Quarter 2025 Revenue of $49m, up 16% quarter over quarter Signed term sheet with Fortress Credit Advisors to serve as the JV financing partner at Barber Lake Nearing completion of 150 MW Phase I infrastructure at Black Pearl First Quarter 2025 GAAP Net Loss of$ 39m, and Non-GAAP Adjusted Earnings of $6m NEW YORK— May 6, 2025 —Cipher Mining Inc. (NASDAQ: CIFR) ("Cipher" or the "Company") today announced its first quarter 2025 financ ...