Bitcoin mining stocks Bitdeer and Cipher plummet as profitability continues to face resistance

Crypto 7x24

2025-02-26 06:19:15

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Online reported that Bitdeer shares fell 28% to $9.38 per share, while Cipher Mining shares fell 20% to $3.96 per share. Bitdeer Technologies reported annual revenue of $69 million, a 40% decrease from the previous year. Cipher Mining's revenue increased to $151 million, but its full-year adjusted loss widened to $106.6 million.

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