Cipher Mining Inc

#36 in public CIFR.US public

Cipher Digital Inc., together with its subsidiaries, develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States.

Bitcoin Holdings

Total Bitcoin â‚¿ 1,500 BTC
% of 21M Supply 0.007%
Current Value $110,691,015
Cost Basis $76,697,420
ROI 44.32%
% of Company 1.1%
mNAV 120.48x
BTC/Share â‚¿ 0.00000393 BTC
Market Cap $9,674,012,672
Enterprise Value $14,050,773,672
Latest Purchase Oct 07, 2025
Avg. cost / BTC $51,132

Cipher Mining Inc Stock Priced in BTC

0.000322 BTC

Cipher Mining Inc Bitcoin Holdings Over Time

â‚¿ 1,500 BTC

Bitcoin Acquisitions History

Type BTC Change Holdings Transaction Value Date
Buy +0 BTC 0 BTC $0 —
Buy +0 BTC 0 BTC $0 —
Buy +0 BTC 0 BTC $0 —
Buy +0 BTC 0 BTC $0 —
Buy +0 BTC 0 BTC $0 —

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Financial Highlights

Revenue (TTM) $209,820,992
Profit Margin 0%
Operating Margin -249.37%
ROE -121.73%
Analyst Rating 91% Buy (11 analysts)
Target Price $31.6
ROA -0.16%
EPS $-2.32
Book Value $1.762
Target Price $31.6
Current Volume 17,095,471
Avg Volume (30d) 25,978,107
Volume vs Avg 0.66x

Cipher Mining Inc Stock Price vs Bitcoin

$23.65 / $73,794

Company Overview

Cipher Digital Inc., together with its subsidiaries, develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States. It develops HPC data center facilities across various sites for hyperscaler tenants; operates power at one bitcoin mining data center; and maintains a pipeline across various sites. The company was formerly known as Cipher Mining Inc. and change its name to Cipher Digital Inc. in February 2026. The company was founded in 2021 and is headquartered in New York, New York.

Sector Technology
Industry Information Technology Services
Sub-Industry Asset Management & Custody Banks
Employees 66
Exchange NASDAQ
Fiscal Year End December
IPO Date August 2021

Stock Returns

Share Price $23.65
1W Return +9.9%
1M Return +39.78%
3M Return +51.6%
1Y Return +605.97%
1Y vs BTC +642.2%
52W High $25.56
% Down from 52W High -7.5%

Key Executives

Mr. Rodney Tyler Page CEO & Director
Age: 50
Mr. Patrick Arthur Kelly Co-President & COO
Age: 46
Mr. William Iwaschuk Co-President, Chief Legal Officer & Corporate Secretary
Age: 50
Mr. Gregory Mumford Chief Financial Officer
Age: 33
Mr. John Franceski Chief Accounting Officer
Age: 2026
Mr. Bryan Keller Chief Technology Officer
Age: 2026
Ms. Olivia Stennett Chief Administrative Officer
Age: 2026
Ms. Courtney Knight Head of Investor Relations
Age: 2026

Company Details

Address 1 Vanderbilt Avenue, New York, NY, United States, 10017
Phone 332 262 2300
ISIN US17253J1060
CIK 0001819989
Currency USD
Most Recent Quarter 2026-03-31

Growth Metrics

Earnings Growth (YoY) 19.5%
Revenue Growth (YoY) -28.8%

Balance Sheet (Q1 2026)

Total Assets $6,393,585,000
Total Liabilities $5,653,719,000
Total Equity $714,187,000
Cash & Equivalents $0
Total Debt $4,376,761,000
Current Assets $3,893,994,000
Current Liabilities $1,245,699,000
Long-term Debt $4,376,761,000

Additional Financials

EBITDA $165,819,008
Gross Profit $25,965,000
Revenue per Share $0.534
Diluted EPS (TTM) $-2.32
Outstanding Shares 382,000,000

EPS Estimates

Current Quarter $-0.035
Current Year $-0.3175
Next Quarter $-0.05
Next Year $0.67

Recent Insider Activity

Name Title Type Shares Price Value Date SEC
Tyler Page CEO & Director Sell 37,500 $16.11 $604,125 Mar 25, 2026
Cary M Grossman INSIDER Sell 30,000 $14.54 $436,200 Mar 23, 2026
Patrick Arthur Kelly Co-President & COO Sell 35,568 $14.98 $532,809 Mar 16, 2026
James E Newsome INSIDER Sell 45,161 $15.74 $710,834 Mar 04, 2026
Patrick Arthur Kelly Co-President & COO Sell 35,568 $17.76 $631,688 Jan 15, 2026
James E Newsome INSIDER Sell 21,821 $16.03 $349,791 Dec 19, 2025
Wesley Hastie Williams INSIDER Sell 49,867 $16.08 $801,861 Dec 19, 2025
Patrick Arthur Kelly Co-President & COO Sell 35,569 $15.08 $536,381 Dec 15, 2025
Cary M Grossman INSIDER Sell 25,000 $19.00 $475,000 Nov 26, 2025
Holly Morrow Evans INSIDER Sell 15,000 $18.74 $281,100 Nov 26, 2025
Patrick Arthur Kelly Co-President & COO Sell 26,580 $14.20 $377,436 Nov 17, 2025
Patrick Arthur Kelly Co-President & COO Sell 26,580 $14.20 $377,436 Nov 17, 2025
Wesley Hastie Williams INSIDER Sell 18,769 $17.51 $328,645 Nov 12, 2025
Holly Morrow Evans INSIDER Sell 16,269 $17.39 $282,918 Nov 12, 2025
William Iwaschuk Co-President, Chief Leg... Sell 173,094 $22.52 $3,898,077 Nov 04, 2025
Holding Ltd V3 INSIDER Sell 535,843 $20.32 $10,888,330 Oct 16, 2025
Holding Ltd V3 INSIDER Sell 2,167,684 $21.06 $45,651,425 Oct 15, 2025
Patrick Arthur Kelly Co-President & COO Sell 26,581 $21.08 $560,327 Oct 15, 2025
Holding Ltd V3 INSIDER Sell 1,832,316 $20.78 $38,075,526 Oct 14, 2025
Holding Ltd V3 INSIDER Sell 2,000,000 $12.08 $24,160,000 Sep 29, 2025

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Major Holders

V3 Holding Ltd.
15.1059%
57,704,538 shares
Vanguard Group Inc
8.051%
30,754,820 shares
BlackRock Inc
6.9362%
26,496,284 shares
Jane Street Group LLC
4.0455%
15,453,810 shares
D. E. Shaw & Co LP
4.0375%
15,423,250 shares
Situational Awareness LP
2.5791%
9,852,162 shares
Geode Capital Management, LLC
2.0717%
7,913,894 shares
State Street Corp
2.0344%
7,771,408 shares
Value Aligned Research Advisors LLC
1.8348%
7,008,936 shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC
1.3581%
5,187,942 shares
Vanguard Total Stock Mkt Idx Inv
3.0208%
11,539,456 shares
Vanguard Small Cap Index
2.1844%
8,344,408 shares
iShares Russell 2000 ETF
1.8842%
7,197,644 shares
Vanguard Information Technology ETF
1.5826%
6,045,532 shares
Vanguard Small Cap Growth Index Inv
1.2265%
4,685,230 shares
Janus Henderson US Opportunistic Alpha
0.9832%
3,755,824 shares
Janus Henderson Contrarian D
0.9832%
3,755,824 shares
American Funds SMALLCAP World A
0.9573%
3,656,886 shares
Vanguard Institutional Extnd Mkt Idx Tr
0.8135%
3,107,570 shares
Fidelity Small Cap Index
0.7828%
2,990,296 shares

Frequently Asked Questions

Common questions about Cipher Mining Inc's Bitcoin holdings

How much Bitcoin does Cipher Mining Inc hold?

Cipher Mining Inc currently holds 1,500 BTC, which represents 0.007% of the total Bitcoin supply (21 million). This makes them the 36th largest public Bitcoin holder.

What is the current value of Cipher Mining Inc's Bitcoin holdings?

As of today, Cipher Mining Inc's Bitcoin holdings are worth approximately $110,691,015. This represents 1.1% of the company's total market value.

What is Cipher Mining Inc's average cost basis for Bitcoin?

Cipher Mining Inc's average cost basis for their Bitcoin purchases is $76,697,420 per Bitcoin. Their current return on investment (ROI) is 44.32%.

When did Cipher Mining Inc last buy Bitcoin?

Cipher Mining Inc's most recent Bitcoin purchase was Oct 07, 2025. View purchase details

What type of company is Cipher Mining Inc?

Cipher Mining Inc is a public company in the Technology sector and Information Technology Services industry with approximately 66 employees .

What is Cipher Mining Inc's market capitalization?

Cipher Mining Inc has a market capitalization of approximately $9,674,012,672 and annual revenue of $209,820,992 .

What is Cipher Mining Inc's mNAV?

Cipher Mining Inc's mNAV (Market-to-Net Asset Value) is 120.48x, comparing the company's market value to its Bitcoin holdings value. An mNAV of 1.0 means market value equals Bitcoin stash, while >1.0 indicates a premium for the company's Bitcoin strategy.

What is Cipher Mining Inc's market cap and enterprise value?

Cipher Mining Inc has a market capitalization of $9,674,012,672 and an enterprise value of $14,050,773,672. Enterprise value represents the total company value including debt and cash, providing a more complete valuation picture than market cap alone.

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[REMOVED]

Greatly appreciated, thank you

30 October 2025

newhedge

Retirement calculator is fixed along with new initial BTC and annualized growth inputs

26 October 2025

newhedge

Data error, being fixed :)

23 October 2025

[REMOVED]

Anyone know why the retirement calculator has a predicted BTC price of ~$44k over a ten year period? I'm assuming I am reading it wrong

16 October 2025

spacegallagher

$80k???

28 February 2025

newhedge

$85k!

11 November 2024

spacegallagher

$80k!!!

10 November 2024

newhedge

New ATH!

6 November 2024

[REMOVED]

can i download historical bitcoin prices to excel?

13 September 2024

newhedge

New Onchain charts available on Onramp Terminal! Check the left sidenavbar.

25 July 2024

[REMOVED]

What is everyone's favorite resource to utilize through the terminal?

20 June 2024

philm23

To the Onramp team - any plans to add the net exchange reserve figures to the terminal?

10 March 2024

[REMOVED]

awesome terminal, very good job guys.

28 February 2024

[REMOVED]

Never mind I found it !

[REMOVED]

How do I edit my alerts ?

24 February 2024

[REMOVED]

I've been looking for a dataset of blockheight / price. Blockheight as the x variable. Does anyone know where I could find that?

7 February 2024

lifeonbtc

terminal chat - very cool/.

29 January 2024

newhedge

Bitcoin ETF tracker now live! Search for it in the search bar.

16 January 2024

newhedge

On-chain goodies coming real soon

[REMOVED]

wen supply last active metrics? (short term/long term holder etc) <3.