BlockBeats News, August 6, Bitcoin mining firm Cipher Digital sold 1619 BTC, receiving $123.4 million, confirming a loss of $47.7 million. The filed documents indicate interest expenses of $66.7 million, while mining revenue was $24.8 million.

As of the end of June, Cipher held 646 BTC, valued at $37.8 million. Quarterly mining revenue saw a decline from $43.6 million in the same period last year, with a second-quarter loss of $23.5 million.