Bitdeer And Cipher Mining Experience Significant Stock Declines

According to Odaily, Bitdeer Technologies and Cipher Mining have seen notable declines in their stock prices. Bitdeer's shares fell by 28%, reaching $9.38 per share. Meanwhile, Cipher Mining's stock decreased by 20%, settling at $3.96 per share. Bitdeer Technologies reported an annual revenue of $69 million, marking a 40% decrease from the previous year. In contrast, Cipher Mining's revenue increased to $151 million, although its adjusted annual loss widened to $106.6 million.