CIFR

Cipher Digital Inc.
NasdaqGSUSDEQUITY Technology DELAYED
Last price
15.51
▲ 0.03 (0.19%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
15.49
Prev close
15.48
Day high
15.78
Day low
15.22
Volume
22.56M
Market cap
$6.43B
P/E (TTM)
—
52W range
11.72 – 30.14

Day trading desk

Current session · delayed
Gap from prior close
+0.06%
Prior close 15.48
VWAP
15.53
-0.11% from price
Relative volume
1.29×
Normal
Session range
3.71%
15.22 – 15.78
Position in range
52%
Mid range
ATR (14D)
1.16
7.46% of price
Prior day high
15.86
PDH
Prior day low
14.86
PDL
Bid / ask spread
—
Quote not published
Session volume
42.31M
Avg 32.77M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-6.12% -8.1%
1M
-12.63% -13.8%
3M
-29.06% -33.6%
6M
+10.64% -7.5%
YTD
+5.01% -9.2%
1Y
+5.44% -11.0%
3Y
+565.24% +483.0%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on CIFR open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-51.75K
Net selling
Buy transactions
15
3.31M shares
Sell transactions
9
3.36M shares
Net transactions
+24
Buys less sells
Sell : buy shares
1.0 : 1
Mixed
Insider-held shares
15.46M
Total on file
Bought 3.31MSold 3.36M

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jul 9, 26
PAGE TYLER
Chief Executive Officer
SELL 225.00K $4.94M Direct
Jun 30, 26
PAGE TYLER
Chief Executive Officer
— 473.27K — Direct
Jun 30, 26
MUMFORD GREGORY
Chief Financial Officer
— 17.11K — Direct
Jun 30, 26
IWASCHUK WILLIAM
President
— 140.00K — Direct
Jun 30, 26
KELLY PATRICK ARTHUR
President
— 140.00K — Direct
Jun 22, 26
PAGE TYLER
Chief Executive Officer
— 1.42M — Direct
Jun 18, 26
GROSSMAN CARY M
Director
SELL 15.00K $441.45K Direct
Jun 16, 26
NEWSOME JAMES E
Director
SELL 7.10K $170.01K Direct
Jun 12, 26
PAGE TYLER
Chief Executive Officer
— 333.33K — Direct
Jun 12, 26
IWASCHUK WILLIAM
President
— 166.67K — Direct
Jun 12, 26
KELLY PATRICK ARTHUR
President
— 166.67K — Direct
Jun 4, 26
V3 HOLDING LTD
Beneficial Owner of more than 10% of a Class of Security
SELL 1.20M $30.59M Indirect
Jun 3, 26
V3 HOLDING LTD
Beneficial Owner of more than 10% of a Class of Security
SELL 1.80M $47.91M Indirect
Jun 3, 26
GROSSMAN CARY M
Director
STOCK 8.30K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BITFURY TOP HOLDCO B.V.
Beneficial Owner of more than 10% of a Class of Security — Sale
EVANS HOLLY MORROW
Director 195.51K Sale
FARRELL EDWARD J
Chief Financial Officer 1.48M Conversion of Exercise of derivative security
FLATLEY ROBERT
Director 147.17K Stock Award(Grant)
GROSSMAN CARY M
Director 143.83K Sale
IWASCHUK WILLIAM
President 1.60M Conversion of Exercise of derivative security
KELLY PATRICK ARTHUR
President 1.60M Conversion of Exercise of derivative security
LONG CAITLIN
Director 235.08K Stock Award(Grant)
PAGE TYLER
Chief Executive Officer 9.37M Sale
V3 HOLDING LTD
Beneficial Owner of more than 10% of a Class of Security — Sale

Fundamentals

TTM · reported
Market cap$6.43B
Enterprise value$11.21B
Revenue (TTM)$191.09M
Gross profit$-19.18M
EBITDA$96.08M
Net income$-1.12B
EPS (TTM)$-2.87
Free cash flow$-2.90B
Total cash$831.83M
Total debt$5.59B
Book value / share$1.36
Shares outstanding415.03M
Float344.14M
Short % of float21.34%
Dividend yield0.00%
Beta (5Y)3.21

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E117.59
PEG ratio—
Price / sales—
Price / book11.42
EV / revenue58.68
EV / EBITDA116.71
Gross margin-10.04%
Operating margin-301.69%
Profit margin0.00%
Return on equity-167.48%
Return on assets-0.80%
Debt / equity950.56
Current ratio3.00
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $223.94M$151.27M$126.84M$3.04M +48.0%
Operating revenue $223.94M$151.27M$126.84M$3.04M +48.0%
Cost of revenue $160.34M$123.16M$107.71M$748.00K +30.2%
Gross profit $63.60M$28.11M$19.13M$2.29M +126.2%
Selling, general & admin $36.38M$32.66M$27.80M$70.84M +11.4%
Total operating expense $401.00M$126.36M$74.59M$74.76M +217.3%
Operating income -$337.40M-$98.25M-$55.46M-$72.47M -243.4%
Net interest income -$17.08M$1.68M-$1.83M$78.00K -1,119.1%
Pre-tax income -$825.56M-$44.32M-$22.21M-$37.21M -1,762.8%
Tax provision -$3.31M$318.00K$3.57M$1.84M -1,141.8%
Net income -$822.24M-$44.63M-$25.78M-$39.05M -1,742.2%
Net income to common -$822.24M-$44.63M-$25.78M-$39.05M -1,742.2%
Basic EPS -2.15-0.14-0.10-0.16 -1,435.7%
Diluted EPS -2.15-0.14-0.10-0.16 -1,435.7%
EBIT -$789.00M-$42.61M-$20.21M-$37.08M -1,751.7%
EBITDA -$588.38M$61.09M$39.70M-$31.93M -1,063.2%
Basic shares 381.60M323.10M252.44M248.23M +18.1%
Diluted shares 381.60M323.10M252.44M248.23M +18.1%

Options analytics

Account required
Put / call volume
0.29
Call-heavy session
Put / call open interest
1.04
Positioning, not flow
Max pain
16.00
+3.2% from spot
ATM implied vol
92.8%
Nearest strike to spot
Skew (10% OTM)
-3.1%
Calls bid over puts
Call volume
20.82K
Contracts, this expiry
Put volume
6.06K
Contracts, this expiry
Heaviest call OI
20.00
9.93K contracts
Heaviest put OI
13.00
12.87K contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.14-0.15 -10.8%
Mar 2026 -0.04-0.19 -437.4%
Dec 2025 0.07-0.14 -290.9%
Sep 2025 0.060.10 +60.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.16 5 $37.21M -48.1%
Next quarter -0.05 5 $119.11M +99.5%
Current year -0.67 7 $216.46M -3.3%
Next year 0.13 6 $845.60M +290.6%

Analyst targets & ownership

Account required
Mean target$30.48
High target$59.00
Low target$18.00
Implied upside96.50%
Analyst count22
ConsensusSTRONG BUY
Strong buy / Buy5 / 15
Hold2
Sell / Strong sell0 / 0
Held by insiders3.72%
Held by institutions95.18%
Institutions holding601
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
16.54
-6.23% from price
SMA 20
16.79
-7.69% from price
SMA 50
17.31
-10.45% from price
SMA 100
20.22
-23.29% from price
SMA 200
18.33
-15.43% from price
EMA 12
16.34
-5.10% from price
EMA 26
16.80
-7.68% from price
EMA 50
17.60
-11.87% from price
RSI (14)
42.3
Neutral
MACD (12,26,9)
-0.46
Hist -0.19
ATR (14)
1.16
7.46% of price
Realised vol 30D
87.0%
Annualised
Bollinger upper
19.22
20, 2σ
Bollinger lower
14.36
20, 2σ
50 / 200 cross
Death
17.31 vs 18.33
Trend bias
Below 200
-15.43%

Options chain

Account required
Expiry
Spot 15.51
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
4.04
More volatile than market
Correlation to SPY
0.46
Loosely linked
Realised vol 30D
87.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-51.4%
Peak to trough
Max drawdown 5Y
-95.8%
Peak to trough
ATR 14
1.16
7.46% of price
Beta (reported)
3.21
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
72.81M
Prior 65.49M
Change vs prior
+11.2%
Shorts adding
% of float
21.34%
Heavily shorted
% of shares out
17.54%
Against total outstanding
Days to cover
2.1
Liquid
Float
344.14M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

127 on file
DateFirm ActionFromTo
Sep 23, 26 UBS INITIATED — Buy
Sep 21, 26 Rothschild & Co INITIATED — Neutral
Sep 18, 26 Morgan Stanley MAINTAINED Overweight Overweight
Sep 18, 26 Freedom Capital Markets INITIATED — Hold
Sep 17, 26 Wells Fargo INITIATED — Overweight
Sep 10, 26 Rosenblatt MAINTAINED Buy Buy
Sep 4, 26 Rosenblatt MAINTAINED Buy Buy
Aug 7, 26 JP Morgan MAINTAINED Overweight Overweight
Aug 6, 26 Keefe, Bruyette & Woods MAINTAINED Outperform Outperform
Aug 5, 26 Macquarie MAINTAINED Outperform Outperform
Aug 5, 26 Rosenblatt MAINTAINED Buy Buy
Aug 4, 26 Chardan Capital MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.