UPDATE: CIFR disclosed in a subsequent 10-Q that $30.8M of #Bitcoin mining rigs are classified as held for sale after shutting down mining at Black Pearl for the Amazon #AI #HPC conversion. It took a $7.4M write-down on those rigs. Additionally, the new $200 million revolver led by Morgan Stanley is priced at SOFR + 175 bps (~6% currently).(TheEnergyMag)