Quarterly interest expense ~$59M
Company: Cipher Mining
The claim, verbatim
Borrowings contributed to about $59 million in quarterly interest expense before new data-center facilities generate full rent.
Source (primary)
Cipher Mining (NASDAQ:CIFR) Stock Price Target Lowered at JPMorgan Chase & Co. - MarketBeat (-, news_article)
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Quote: “contributed to about $59 million in quarterly interest expense before the new data-center facilities are generating full rent”
How we checked this
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Additional evidence
confirms Cipher Mining (NASDAQ:CIFR) Stock Price Target Lowered at JPMorgan Chase & Co. - MarketBeat
Quote: “contributed to about $59 million in quarterly interest expense before the new data-center facilities are generating full rent”