Aurelius Capital Management Discloses New Cipher Mining Position, Represents 11.4% of AUM

Aurelius Capital Management acquired 500,000 shares in Cipher Mining, valued at $6.3 million, representing 11.4% of their $55.2 million in reportable U.S. equity assets. Cipher Mining's revenue primarily comes from mining and selling bitcoin. The company has a strategic focus on cost-effective, high-volume bitcoin production and aims to capitalize on increasing institutional and market demand for digital assets. Cipher Mining reported Q3 revenue of $72 million and adjusted earnings of $41 million.