{"data":{"ticker":"CIFR","slug":"cipher-mining","name":"Cipher Mining","exchange":"NASDAQ","sector":"Technology","headquarters":"New York, New York","ceo":"Rodney Tyler Page","employees":66,"website":"https://www.cipherdigital.com","founded":"2021","layers":[{"slug":"neoclouds","name":"Neoclouds"}],"exposure":{"score":55,"tier":"Strategic","rationale":"Cipher builds large powered data center sites and is leasing capacity to AI compute tenants alongside its bitcoin mining. The thesis has shifted toward AI hosting contracts, with its 600MW plus power pipeline valued mainly as AI-ready capacity."},"quote":{"price":6.55,"change24hPct":17.93,"change7dPct":-10.22,"change30dPct":-51.52,"change1yPct":-68.37,"high52w":29.18,"low52w":5.55,"marketCap":2986909696,"peRatio":null,"eps":-2.77,"volume24h":534566387},"nextEarningsDate":"2026-11-02","summary":"Cipher Mining started as a bitcoin mining company and is pivoting toward AI data center hosting. It builds large data center sites with secured power, and it makes money by mining bitcoin and, increasingly, by leasing capacity to tenants running GPU compute workloads.","explainer":["Cipher Mining started as a bitcoin mining company and is pivoting toward AI data center hosting. It builds large data center sites with secured power, and it makes money by mining bitcoin and, increasingly, by leasing capacity to tenants running GPU compute workloads.","Its AI-facing offerings are infrastructure: AI-ready data centers, high-performance computing hosting, and GPU compute infrastructure. The company's pipeline of powered sites totals more than 600 megawatts, capacity it is positioning for AI tenants.","Founded in 2021 and headquartered in New York, Cipher trades on the NASDAQ, is led by CEO Tyler Page, and employs roughly 66 people."],"buildoutRole":"Cipher sits in the Neoclouds layer as a power-first entrant. Its core asset is not chips or software but energized data center sites, and in the AI buildout, secured power has become the scarce input. The thesis has shifted from bitcoin mining toward signing AI hosting contracts that fill its powered capacity with GPU tenants. Supercycle scores its exposure as substantial because its pipeline is valued mainly as AI-ready capacity, even while mining still runs.","faq":[{"q":"What does Cipher Mining do?","a":"Cipher builds large powered data center sites, earning revenue from bitcoin mining and increasingly from leasing capacity to tenants running AI and high-performance computing workloads."},{"q":"How is Cipher exposed to AI?","a":"Through its power pipeline. Its data center capacity of more than 600 megawatts is now valued mainly as AI-ready hosting space. Supercycle gives it an AI Exposure Score of 55 out of 100."},{"q":"What are Cipher's main offerings?","a":"AI-ready data centers, high-performance computing hosting, and GPU compute infrastructure, built on sites originally developed for bitcoin mining."},{"q":"Is CIFR a pure play AI stock?","a":"Not yet. Cipher is transitioning from bitcoin mining to AI hosting, and its score of 55 out of 100 reflects a thesis that now leans on AI tenants filling its capacity."},{"q":"Who leads Cipher and where is it based?","a":"CEO Tyler Page leads Cipher from New York. The company was founded in 2021, trades on the NASDAQ, and employs roughly 66 people."}],"history1y":[{"date":"2026-09-28","close":16.74},{"date":"2026-09-29","close":16.51},{"date":"2026-09-30","close":15.82},{"date":"2026-10-01","close":15.46},{"date":"2026-10-02","close":15.71},{"date":"2026-10-05","close":15.48},{"date":"2026-10-06","close":15.5},{"date":"2026-10-07","close":14.56},{"date":"2026-10-08","close":13.5},{"date":"2026-10-09","close":13.52},{"date":"2026-10-12","close":13},{"date":"2026-10-13","close":11.34},{"date":"2026-10-14","close":9.94},{"date":"2026-10-15","close":10.04},{"date":"2026-10-16","close":8.98},{"date":"2026-10-19","close":8.94},{"date":"2026-10-20","close":8.88},{"date":"2026-10-21","close":9.13},{"date":"2026-10-22","close":8.32},{"date":"2026-10-23","close":7.94},{"date":"2026-10-26","close":7.71},{"date":"2026-10-27","close":8.48},{"date":"2026-10-28","close":8.87},{"date":"2026-10-29","close":8.1},{"date":"2026-10-30","close":7.29},{"date":"2026-11-02","close":6.86},{"date":"2026-11-03","close":8.12},{"date":"2026-11-04","close":6.5},{"date":"2026-11-05","close":5.55},{"date":"2026-11-06","close":6.55}],"incomeStatements":[{"ticker":"CIFR","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":223942000,"cost_of_revenue":160345000,"gross_profit":63597000,"operating_expense":0,"operating_income":-337404000,"net_income":-822244000,"earnings_per_share":-2.15,"earnings_per_share_diluted":-2.15,"research_and_development":0,"selling_general_and_administrative_expenses":36382000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"CIFR","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":151270000,"cost_of_revenue":123160000,"gross_profit":28110000,"operating_expense":0,"operating_income":-98255000,"net_income":-44635000,"earnings_per_share":-0.14,"earnings_per_share_diluted":-0.14,"research_and_development":0,"selling_general_and_administrative_expenses":32655000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"CIFR","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":126842000,"cost_of_revenue":107708000,"gross_profit":19134000,"operating_expense":0,"operating_income":-55459000,"net_income":-25777000,"earnings_per_share":-0.1,"earnings_per_share_diluted":-0.1,"research_and_development":0,"selling_general_and_administrative_expenses":27796000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"CIFR","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":3037000,"cost_of_revenue":748000,"gross_profit":2289000,"operating_expense":0,"operating_income":-72467000,"net_income":-39053000,"earnings_per_share":-0.16,"earnings_per_share_diluted":-0.16,"research_and_development":0,"selling_general_and_administrative_expenses":70836000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"CIFR","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":4291908000,"current_assets":2652859000,"cash_and_equivalents":628263000,"total_liabilities":3456054000,"current_liabilities":699071000,"total_debt":2767048000,"shareholders_equity":805535000,"retained_earnings":-1003656000},{"ticker":"CIFR","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":855446000,"current_assets":168205000,"cash_and_equivalents":5585000,"total_liabilities":173493000,"current_liabilities":131778000,"total_debt":56419000,"shareholders_equity":681953000,"retained_earnings":-181412000},{"ticker":"CIFR","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":566137000,"current_assets":155498000,"cash_and_equivalents":86105000,"total_liabilities":74801000,"current_liabilities":33793000,"total_debt":21978000,"shareholders_equity":491336000,"retained_earnings":-136777000},{"ticker":"CIFR","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":418463000,"current_assets":47735000,"cash_and_equivalents":11927000,"total_liabilities":75571000,"current_liabilities":40326000,"total_debt":20659000,"shareholders_equity":342892000,"retained_earnings":-111209000}],"holders13f":[],"news":[{"title":"Cipher Digital Soars 5% as a Rival’s “Fully Funded” $4 Billion Target Lifts Data Center Stocks","source":null,"url":"https://www.tikr.com/blog/cipher-digital-soars-5-as-a-rivals-fully-funded-4-billion-target-lifts-data-center-stocks?ref=yahoofinance&tlnk=yf-261106-998vf8cp&.tsrc=rss","date":"2026-11-06"},{"title":"TeraWulf Rises 4% After Q3 Beat and Google-Backed Anthropic Lease; IREN Surges 17%, Cipher Digital Climbs 6%","source":null,"url":"https://247wallst.com/investing/2026/11/06/terawulf-rises-4-after-q3-beat-and-google-backed-anthropic-lease-iren-surges-17-cipher-mining-climbs-6/?.tsrc=rss","date":"2026-11-06"},{"title":"Should You Trim Or Add To Your Cipher Digital Position Now?","source":null,"url":"https://www.trefis.com/stock/cifr/articles/622869/should-you-trim-or-add-to-your-cipher-digital-position-now/2026-11-05?.tsrc=rss","date":"2026-11-06"},{"title":"Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen","source":null,"url":"https://247wallst.com/investing/2026/11/05/applied-digital-plunges-17-cipher-digital-sinks-14-terawulf-tumbles-13-as-texas-data-center-fears-deepen/?.tsrc=rss","date":"2026-11-05"},{"title":"Cipher Digital Sinks Another 21% as AI Data Center Selloff Deepens After Midterms","source":null,"url":"https://www.tikr.com/blog/cipher-digital-sinks-another-21-as-ai-data-center-selloff-deepens-after-midterms?ref=yahoofinance&tlnk=yf-261105-vm9j3g2h&.tsrc=rss","date":"2026-11-05"},{"title":"IREN Fell 4% on Cipher’s Miss, Then Jumped 10%. Here’s What Its November 5 Report Has to Settle","source":null,"url":"https://www.tikr.com/blog/iren-fell-4-on-ciphers-miss-then-jumped-10-heres-what-its-november-5-report-has-to-settle?ref=yahoofinance&tlnk=yf-261104-9h6pghpr&.tsrc=rss","date":"2026-11-04"},{"title":"Cipher Digital Sinks 21% as Keefe Bruyette Downgrades It on Texas Election","source":null,"url":"https://www.tikr.com/blog/cipher-digital-sinks-13-cleanspark-down-11-as-keefe-bruyette-downgrades-both-on-texas-election?ref=yahoofinance&tlnk=yf-261104-3jx43w5p&.tsrc=rss","date":"2026-11-04"},{"title":"TeraWulf Falls 4% Despite Google Backstop for $19 Billion Anthropic Leases; Cipher Digital Plunges 18%, IREN Tumbles 9%","source":null,"url":"https://247wallst.com/investing/2026/11/04/terawulf-falls-4-despite-google-backstop-for-19-billion-anthropic-leases-cipher-digital-plunges-18-iren-tumbles-9/?.tsrc=rss","date":"2026-11-04"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.737Z","tier":"free","source":"https://supercyclehq.com/stock/cipher-mining","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/CIFR","html":"https://supercyclehq.com/stock/cipher-mining","md":"https://supercyclehq.com/stock/cipher-mining.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}