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Cipher Mining Inc. logo

Cipher Mining Inc.

CIFR

NASDAQTechnologyInformation Technology Services

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Previous close

$15.765

−$1.445 · -8.40%

Aug 21, 4:00 PM ET

CIFR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

46

Fair Value

Momentum

57

Neutral

Sentiment

67

Bullish

Risk resilience

31

High Risk

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Company profile

Company website

Cipher Mining Inc. is a United States-based technology enterprise actively engaged in the Bitcoin mining sector. Its primary objective involves the development and expansion of cryptocurrency mining operations, specifically tailored for Bitcoin. Established in 2021, the company maintains its headquarters in New York, New York.

Industry
Information Technology Services
Sector
Technology
Headquarters
US
CEO
Rodney Tyler Page
Listed since
Oct 20, 2020
Employees
66

Market position

Day range

Current $15.765

52-week range

Current $15.765

Open
$17.52
Previous close
$17.21
Volume
55.32M
1.96× average
Average volume
28.26M
Average daily volume
Market cap
6.45B USD
Beta
3.22
Market reference 1
50-day average
$21.4967
-26.66% below average
200-day average
$18.5224
-14.89% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.77B USD
EV / EBITDA
-13.21×
Earnings yield
-14.60%
Free cash flow yield
-12.35%

Profitability & efficiency

Return on equity
-102.07%
Return on assets
-19.16%
Return on invested capital
-10.27%

Financial health

Current ratio
3.79×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends211%-333%-878%-1422%Gross margin, FY2022: 75.37%Gross margin, FY2023: 60.34%Gross margin, FY2024: 18.58%Gross margin, FY2025: 28.40%Operating margin, FY2022: -1232.17%Operating margin, FY2023: -15.86%Operating margin, FY2024: -28.89%Operating margin, FY2025: -150.67%Net margin, FY2022: -1285.91%Net margin, FY2023: -20.32%Net margin, FY2024: -29.51%Net margin, FY2025: -367.17%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2022 75.37%. Gross margin FY2023 60.34%. Gross margin FY2024 18.58%. Gross margin FY2025 28.40%. Operating margin FY2022 -1232.17%. Operating margin FY2023 -15.86%. Operating margin FY2024 -28.89%. Operating margin FY2025 -150.67%. Net margin FY2022 -1285.91%. Net margin FY2023 -20.32%. Net margin FY2024 -29.51%. Net margin FY2025 -367.17%.

Income trends

Revenue

223.94M USD+48.04%

Operating income

−337.4M USD-672.11%

Net income

−822.24M USD-1742.15%
Income trends across reported periods328.56M USD−89.91M USD−508.39M USD−926.86M USDRevenue, FY2022: 3.04M USDRevenue, FY2023: 126.84M USDRevenue, FY2024: 151.27M USDRevenue, FY2025: 223.94M USDOperating income, FY2021: −72.15M USDOperating income, FY2022: −37.42M USDOperating income, FY2023: −20.12M USDOperating income, FY2024: −43.7M USDOperating income, FY2025: −337.4M USDNet income, FY2021: −72.15M USDNet income, FY2022: −39.05M USDNet income, FY2023: −25.78M USDNet income, FY2024: −44.64M USDNet income, FY2025: −822.24M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2022 3.04M USD. Revenue FY2023 126.84M USD. Revenue FY2024 151.27M USD. Revenue FY2025 223.94M USD. Operating income FY2021 −72.15M USD. Operating income FY2022 −37.42M USD. Operating income FY2023 −20.12M USD. Operating income FY2024 −43.7M USD. Operating income FY2025 −337.4M USD. Net income FY2021 −72.15M USD. Net income FY2022 −39.05M USD. Net income FY2023 −25.78M USD. Net income FY2024 −44.64M USD. Net income FY2025 −822.24M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue223.94M USD151.27M USD126.84M USD3.04M USD—
Cost of goods sold160.35M USD123.16M USD50.31M USD748K USD4.87K USD
Gross profit63.6M USD28.11M USD76.53M USD2.29M USD−4.87K USD
Selling, general, and administrative36.38M USD32.66M USD85.2M USD70.84M USD72.15M USD
Operating expenses401M USD71.81M USD96.65M USD39.71M USD72.15M USD
Interest income19.48M USD3.38M USD164K USD215K USD4.33K USD
Interest expense36.56M USD1.71M USD2M USD137K USD25.09K USD
Depreciation and amortization200.62M USD103.7M USD59.92M USD5.15M USD4.87K USD
Operating income−337.4M USD−43.7M USD−20.12M USD−37.42M USD−72.15M USD
Net income−822.24M USD−44.64M USD−25.78M USD−39.05M USD−72.15M USD

Company facts updated Aug 24, 2026.

CIFR news

https://thefly.com

Cipher Mining falls -6.9%

Cipher Mining is down -6.9%, or -$1.19 to $16.02.

Read source
247wallst.com

IREN Jumps 6% but Then Gives Up Gains as Microsoft Accepts Horizon 1; TeraWulf Ticks Up, Cipher Digital Drops 5%

Former Bitcoin (CRYPTO:BTC) miners pivoting into AI infrastructure are moving Friday morning after a landmark acceptance milestone.

Read source
defenseworld.net

Bank of America Corp DE Purchases 995,735 Shares of Cipher Mining Inc. $CIFR

Bank of America Corp DE increased its position in shares of Cipher Mining Inc. (NASDAQ: CIFR) by 237.7% during the undefined quarter, according to the company in its most recent disclosure with the Securities and…

Read source
benzinga.com

Cipher Digital Stock Slides Tuesday: What's Happening?

Shares of Cipher Digital Inc. (NASDAQ:CIFR) are sliding Tuesday afternoon, caught in a broader market pullback that dragged down high-valuation growth equities.

Read source
247wallst.com

Cipher Mining Falls 9%, TeraWulf Sinks 7% as Rising Yields Hit the AI Miner Pivot

Shares of Bitcoin (CRYPTO:BTC) miners pivoting to AI infrastructure are moving lower together Tuesday morning, with Cipher Mining (NASDAQ:CIFR) stock down 9% to $16.77 and TeraWulf (NASDAQ:WULF) shares down 7% to $16.45.

Read source
247wallst.com

HIVE Digital Technologies Soars 11% on $350M GPU Cloud Contract, Cipher Mining Ticks Up

HIVE Digital Technologies (NASDAQ:HIVE) shares are up 11% to $2.98 in midday trading Monday, jumping from Friday's $2.69 close after the bitcoin miner unveiled its largest AI contract to date.

Read source

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ETFs holding CIFR

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
276.46M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
199.44M
Weight
0.11%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
149.28M
Weight
0.18%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
139.97M
Weight
0.09%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
115.41M
Weight
0.26%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
77.82M
Weight
0.08%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
54.41M
Weight
0.36%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
42.55M
Weight
0.24%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

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