Cipher Digital (CIFR) | BTCTreasuryInfo.com

Treasury Qualification

Treasury classificationBitcoin Miner with Strategic Holdings

Qualification tierCore Directory

Directory statusIncluded

Ownership status646 company-owned BTC at June 30, 2026, including 53 retained owned pledged BTC and 593 BTC not identified as pledged (approved derived component: 646 less the disclosed 53). Sales exceeded additions: the six-month reconciliation reports 1,619 BTC sold, 798 mined and 34 received from equity investees; those are six-month movements, not a Q2-only bridge. The USD 90,591 historical average-price figure relates to March 31 and is not the cost basis of the remaining 646 BTC.

Strategic intent

Cipher retains a material portion of mined Bitcoin and actively manages those holdings through selective sales, collateral use, and trading strategies while funding its Bitcoin-mining and high-performance-computing infrastructure businesses.

Bitcoin Treasury

Last verified attributable BTC646 BTC

Balance dateJune 30, 2026

Estimated value$51,528,190BTC price retrieved: October 27, 2026 at 08:14 UTC

Average purchase priceUSD 90,591

Included in totals

Verified at the stated balance date

Ownership and Restrictions

Component figures are shown only when separately disclosed and may overlap; they are not additive. Components refer to the eligible balance date unless dated otherwise in research notes. “Not separately disclosed” does not imply zero.

Total BTC reported646

Unencumbered / unrestricted593

Pledged as collateral53

Loaned to third parties0

Subsidiary-owned0

Other restricted owned BTC0

Latest Financial Results

Reporting period: Three months ended June 30, 2026

Revenue$24,837,000

Operating income/loss$-78,536,000

Net income/loss$-267,529,000

Cash$831,829,000

Management

Chief executive officer: Tyler Page
Chief financial officer: Gregory Mumford
Executive chair: None

Research Notes

Cipher Digital reported approximately 1,116 BTC as of March 31, 2026, with a fair value of $76.15 million and a FIFO cost basis of approximately $101.1 million. The implied historical cost was about $90,591 per BTC. The company disclosed that 85 BTC, worth approximately $5.8 million at quarter-end, was pledged as part of Bitcoin trading strategies, leaving 1,031 BTC not identified as pledged. During Q1 2026, Cipher received Bitcoin from mining and former equity-method investees and sold Bitcoin for $66.8 million. For the quarter, it reported $34.838 million in Bitcoin-mining revenue, a $114.569 million operating loss, and a $114.316 million net loss. Cipher changed its corporate name from Cipher Mining Inc. to Cipher Digital Inc. in February 2026 as it expanded into HPC data-center development. September 29, 2026 methodology and financial refresh: 646 company-owned BTC at June 30, 2026, including 53 retained owned pledged BTC and 593 BTC not identified as pledged (approved derived component: 646 less the disclosed 53). Sales exceeded additions: the six-month reconciliation reports 1,619 BTC sold, 798 mined and 34 received from equity investees; those are six-month movements, not a Q2-only bridge. The USD 90,591 historical average-price figure relates to March 31 and is not the cost basis of the remaining 646 BTC. USD, Q2 2026 (three months ended June 30; balance sheet June 30). 'Revenue - bitcoin mining' 24,837,000; operating loss -78,536,000; 'Net loss' -267,529,000 on a consolidated basis. The common-stockholder amount equals consolidated loss this quarter because noncontrolling allocation is zero; the selected basis remains consolidated. Cash 831,829,000 excludes restricted cash. The USD 90,591 average-price field is retained only as historical March 31 information, not a June remaining-holdings cost basis. Management and identity unchanged. Financial source: https://investors.cipherdigital.com/node/11731/html (published August 4, 2026). Eligible historical/current evidence source: https://investors.cipherdigital.com/node/11731/html (source date: August 4, 2026). Historical notes above are preserved as dated history; earlier eligibility descriptions do not override this review. The existing last_verified date is unchanged and is not a blanket verification of unresolved fields.