CIFR
Cipher Digital Inc.
October 13, 2026 · pre-market
- Rarity
- 1.57
- Peak move
- −16.61%
- Float cap
- $4.3B
Cipher Digital develops and operates industrial-scale data centers for high-performance computing and artificial intelligence workloads. It leases turnkey data center capacity to hyperscalers and other HPC customers under long-term contracts, while retaining bitcoin mining as an interim or complementary use of power. The company owns a 4.2 GW portfolio across Texas and Ohio and is developing facilities for tenants including Fluidstack/Google and Amazon Web Services.
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What we found
8 events · 0 from SEC or newswire · 1 timed with the move- Key eventTimed with the move
convertible_offeringCipher Digital announced a private offering of $850.0 million of 0.00% convertible senior notes due November 1, 2032, with a 13-day option for initial purchasers to buy up to an additional $150.0 million, and concurrently agreed to exchange a portion of its outstanding 1.75% convertible notes due 2030 for common stock.
- Key event
executive_remarkOn Oct. 6, 2026, Cipher Digital management told a KBW conference that financing and execution risks for the company had risen.
reg_fd_disclosureCipher Digital filed a Form 8-K reporting Regulation FD disclosure of an investor presentation made available alongside its announced $850 million convertible notes offering and concurrent 2030 notes exchange.
insider_saleEntities affiliated with Bitfury sold Cipher Digital shares in early October, adding to insider-selling pressure as the stock declined.
crypto_moveBitcoin fell below $82,000 in October, breaking down from its $83,000-$87,000 range and triggering about $1.16 billion of liquidations across the network within 24 hours, 90% of them long positions, with roughly 190,000 accounts affected.
- Key event
macro_dataThe 30-year US Treasury yield reached 5.70%, its highest since 2002, while the 10-year yield hit 5.35%, a 24-year high, raising borrowing costs for capital-intensive AI data-center developers and compressing the present value of long-dated lease income.
commodity_eventBrent crude traded above $110 in October as Houthi forces attacked Riyadh airport, tankers near Yemen were struck and Iran's stance on the Strait of Hormuz stayed unclear, pushing up inflation expectations.
analyst_ratingMorgan Stanley analyst Stephen Byrd kept an Overweight rating on Cipher Digital but lowered his price target to $51.50 from $54, part of a cut to price targets across bitcoin miners pivoting to AI data-center landlords over pipeline-site valuation.