Cipher discloses second-quarter sell-off losses, PowerCompute mortgages 307 BTC restructuring debts

Comparative news, according to BBX data, yesterday and recently, global listed companies disclosed the latest developments in crypto asset and debt restructuring. The core information is as follows:

Cipher Digital lost money in the second quarter due to selling Bitcoin: Bitcoin mining company and digital infrastructure company Cipher Digital (NASDAQ: CIFR) released financial results for the second quarter of 2026. Its total revenue was US$24.84 million (all from mining), with a net loss of US$267.5 million (mainly affected by a loss of US$150.5 million due to changes in the fair value of warrants), and adjusted EBITDA of US$29.99 million. As of June 30, its total cash and restricted cash was approximately US$4.56 billion. Notably, the book value of the company's Bitcoin holdings dropped sharply to $37.8 million compared to $125.4 million at the end of 2025, and has already achieved a loss of about $23.51 million in Bitcoin sales in the second quarter.

PowerCompute secures Bitcoin interest rate reduction and debt restructuring: Bitcoin mining company PowerCompute successfully restructured three debts totaling $18 million through Arch Lending, using 307 bitcoins in reserve as collateral to replace previous loans from institutions such as Galaxy Digital. The new financing uses a no-recourse, 30-day revolving structure, with an annualized interest rate of about 2% (far lower than 12% of some old loans), enabling the company to drastically reduce interest expenses without selling Bitcoin in stock.

West Main Self Storage slightly increased: The storage company West Main Self Storage revealed 0.155 Bitcoin increases in the secondary market, and its total holdings have now risen to 16.188 BTC.