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The latest data point for CIFR in Q1'26 shows an EV/EBITDA ratio of -16.01. This follows a period of high volatility, declining from the -12.45 recorded in the previous quarter. From Q2'23 to Q1'26, the chart exhibits extreme fluctuations, characterized by significant spikes and deep plunges into negative territory. Notable outliers occurred in 2025, with the ratio surging to 284.91 in Q1'25 before crashing to a historical low of -1.72K in Q2'25. This erratic pattern suggests unstable earnings or significant shifts in enterprise value throughout the analyzed period.