Cipher Digital Inc.
- CIFR ยท Nasdaq
- Finance Services
- New York, NY
- 66 employees
- CIK 0001819989
Updated from SEC filings through
Top things to know
Executives
- Tyler Page Chief Executive Officer 8-K, 2026-11-02
- Gregory J.D. Mumford Chief Financial Officer 4, 2026-07-02
- Patrick Arthur Kelly Co-President and COO 4, 2026-07-02
- William Iwaschuk Co-President and CLO 4, 2026-07-02
- Patrick Kelly Co-President and Chief Operating Officer 10-K, 2026-02-24
What leadership is saying
“Cipher was built for this market, and this quarter we took important steps to strengthen our position for the long term”
Earnings press release (8-K Ex. 99.1), filed November 2, 2026
Cipher Digital Inc. is a U.S. public company in finance services (SIC 6199), headquartered in New York, NY. It trades as CIFR on Nasdaq. Revenue was $224M in the fiscal year ending December 31, 2025, +48.0% from the year before. It reported about 66 employees. Tyler Page is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $224M 10-K, 2026-02-24 | $151M 10-K, 2026-02-24 | $127M 10-K, 2026-02-24 | $3.0M 10-K, 2024-03-05 | Not on file |
| Operating income | -$422M 10-K, 2026-02-24 | -$43.7M 10-K, 2026-02-24 | -$20.1M 10-K, 2026-02-24 | -$37.4M 10-K, 2024-03-05 | -$154K 10-K/A, 2021-06-14 |
| SG&A | $36.4M 10-K, 2026-02-24 | $32.7M 10-K, 2026-02-24 | $27.8M 10-K, 2026-02-24 | $70.8M 10-K, 2024-03-05 | Not on file |
| Net income | -$822M 10-K, 2026-02-24 | -$44.6M 10-K, 2026-02-24 | -$25.8M 10-K, 2026-02-24 | -$39.1M 10-K, 2024-03-05 | -$107K 10-K/A, 2021-06-14 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Tyler Page Chief Executive Officer at Cipher Digital (CIFR) | Chief Executive Officer | 8-K, 2026-11-02 |
| Gregory J.D. Mumford | Chief Financial Officer | 4, 2026-07-02 |
| Patrick Arthur Kelly | Co-President and COO | 4, 2026-07-02 |
| William Iwaschuk | Co-President and CLO | 4, 2026-07-02 |
| Patrick Kelly | Co-President and Chief Operating Officer | 10-K, 2026-02-24 |
| James Newsome | Chairman of the Board | 10-K, 2026-02-24 |
| Caitlin Long | Director | 10-K, 2026-02-24 |
| Cary Grossman | Director | 10-K, 2026-02-24 |
| Holly Morrow Evans | Director | 10-K, 2026-02-24 |
| Robert Flatley | Director | 10-K, 2026-02-24 |
| Thomas Duda | Director | 10-K, 2026-02-24 |
| Wesley Williams | Director | 10-K, 2026-02-24 |
What Cipher Digital Inc. does
We are dedicated to developing and operating industrial-scale data centers engineered for next-generation computing at the highest standards of innovation, precision, and excellence. Over the past several years, we have intentionally evolved from a pure-play bitcoin miner into a vertically integrated data center development and operations platform focused on energy-intensive compute infrastructure.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 456.4 million (as of October 30, 2026) | 10-Q, November 2, 2026 |
|---|---|---|
| Public float | $1.8B (as of June 30, 2025) | 10-K, February 24, 2026 |
| Reportable segments | 1 (period ending June 30, 2026) | 10-Q, November 2, 2026 |
| Latest proxy statement | Meeting April 20, 2026 (filed April 20, 2026) | DEF 14A, April 20, 2026 |
| Auditor | CBIZ CPAs P.C. (San Francisco, CA) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| July 9, 2026 | Tyler Page Chief Executive Officer | Sale | 225,000 | $4.9M | Form 4, July 10, 2026 |
| June 18, 2026 | Cary M. Grossman Director | Sale | 15,000 | $441K | Form 4, June 23, 2026 |
| June 16, 2026 | James E. Newsome Director | Sale | 7,100 | $170K | Form 4, June 18, 2026 |
| May 21, 2026 | Wesley Hastie Williams Director | Sale | 14,567 | $312K | Form 4, May 22, 2026 |
| May 12, 2026 | Patrick Arthur Kelly Co-President and COO | Sale | 48,000 | $929K | Form 4, May 14, 2026 |
| May 6, 2026 | Wesley Hastie Williams Director | Sale | 28,169 | $627K | Form 4, May 8, 2026 |
| May 6, 2026 | Cary M. Grossman Director | Sale | 20,000 | $436K | Form 4, May 8, 2026 |
| March 25, 2026 | Tyler Page Chief Executive Officer | Sale | 37,500 | $604K | Form 4, March 27, 2026 |
Recent 8-K events
- 8-K filed 2026-11-02
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-16
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 3.02 Unregistered sales of equity securities
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-14
- Item 8.01 Other events
- 8-K filed 2026-10-13
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-09-25
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-06-15
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-06-09
- Item 8.01 Other events
- 8-K filed 2026-06-08
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-06-08
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
Frequently asked questions about Cipher Digital Inc.
- What does Cipher Digital Inc. do?
- In its own words, from Item 1 of its 10-K: "We are dedicated to developing and operating industrial-scale data centers engineered for next-generation computing at the highest standards of innovation, precision, and excellence. Over the past several years, we have intentionally evolved from a pure-play bitcoin miner into a vertically integrated data center development and operations platform focused on energy-intensive compute infrastructure."
- What is Cipher Digital Inc.'s revenue?
- $224M for the fiscal year ending December 31, 2025, from its 10-K filed February 24, 2026.
- Is Cipher Digital Inc. profitable?
- Cipher Digital Inc. reported net income of -$822M for the fiscal year ending December 31, 2025.
- How many employees does Cipher Digital Inc. have?
- About 66 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Cipher Digital Inc.?
- Tyler Page, Chief Executive Officer, as named in a 8-K filed November 2, 2026.
- Who is the CFO of Cipher Digital Inc.?
- Gregory J.D. Mumford, Chief Financial Officer, as named in a 4 filed July 2, 2026.
- Where is Cipher Digital Inc. headquartered?
- New York, NY.
- What is Cipher Digital Inc.'s stock ticker?
- CIFR on Nasdaq.
- What industry is Cipher Digital Inc. in?
- Finance Services, SIC code 6199.
- What is Cipher Digital Inc.'s website?
- cipherdigital.com.
- When does Cipher Digital Inc. report earnings next?
- February 1, 2027. Source: estimate_8k_pattern.
- Is Cipher Digital Inc. a public company?
- Yes. Cipher Digital Inc. files with the SEC under CIK 0001819989 and trades as CIFR.
- Who audits Cipher Digital Inc.?
- CBIZ CPAs P.C., San Francisco, CA, as named in its latest annual report (10-K).
- How many shares of Cipher Digital Inc. are outstanding?
- 456.4 million shares as of October 30, 2026, from its 10-Q filed November 2, 2026.
- What is Cipher Digital Inc.'s public float?
- $1.8B as of June 30, 2025, as reported on the cover of its 10-K filed February 24, 2026.
- How many business segments does Cipher Digital Inc. report?
- 1 reportable segment for the period ending June 30, 2026, from its 10-Q filed November 2, 2026.
- When is Cipher Digital Inc.'s annual shareholder meeting?
- April 20, 2026, per its proxy statement (DEF 14A) filed April 20, 2026.
- Have Cipher Digital Inc. insiders traded stock recently?
- Since August 15, 2025, officers and directors reported 27 open-market sales worth about $20.6M and 0 purchases on Forms 4 and 5. The most recent: Tyler Page (Chief Executive Officer) sold 225,000 shares on July 9, 2026.