According to PANews, Cipher Mining, a Nasdaq-listed Bitcoin mining company, released its unaudited production and operational update for April. The report revealed that the company mined 174 BTC during the month. However, due to operational needs, Cipher Mining sold 350 BTC, reducing its Bitcoin holdings to 855 BTC, with 379 BTC used as collateral. By the end of April, the company's hash rate reached 13.5 EH/s.