Cipher Mining has rebranded as Cipher Digital, marking a strategic shift from Bitcoin mining to high-performance computing (HPC) infrastructure. The company's stock fell by approximately 5% in pre-market trading following the release of its fourth-quarter earnings report, which revealed revenue of $60 million, falling short of the $84.4 million expected by analysts. The adjusted loss per share was $0.14, exceeding the anticipated loss of $0.06, with a quarterly adjusted net loss of $55 million. In a transformative move, Cipher Digital secured 600 MW of contracted capacity, including a 15-year 300 MW lease with Amazon Web Services and 10-year 300 MW leases with Fluidstack and Google. To support its transition, the company raised $3.73 billion through senior secured bond offerings for its Barber Lake and Black Pearl data center projects. Additionally, Cipher sold $40 million worth of stock, representing a 49% stake in three mining joint ventures, to streamline its operations and focus on its new data center-centric business model.