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Cipher Mining Inc (CIFR)



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Upturn Advisory Summary
08/28/2025: CIFR (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $7.73
1 Year Target Price $7.73
7 | Strong Buy |
3 | Buy |
1 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -71.72% | Avg. Invested days 19 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.76B USD | Price to earnings Ratio - | 1Y Target Price 7.73 |
Price to earnings Ratio - | 1Y Target Price 7.73 | ||
Volume (30-day avg) 11 | Beta 2.74 | 52 Weeks Range 1.86 - 8.71 | Updated Date 08/29/2025 |
52 Weeks Range 1.86 - 8.71 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.45 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date 2025-08-07 | When - | Estimate -0.0776 | Actual -0.12 |
Profitability
Profit Margin -96.95% | Operating Margin (TTM) -67.57% |
Management Effectiveness
Return on Assets (TTM) -7.68% | Return on Equity (TTM) -21.39% |
Valuation
Trailing PE - | Forward PE 18.98 | Enterprise Value 2887428231 | Price to Sales(TTM) 17.38 |
Enterprise Value 2887428231 | Price to Sales(TTM) 17.38 | ||
Enterprise Value to Revenue 18.18 | Enterprise Value to EBITDA 8.93 | Shares Outstanding 393283008 | Shares Floating 290879717 |
Shares Outstanding 393283008 | Shares Floating 290879717 | ||
Percent Insiders 2.91 | Percent Institutions 73.99 |
Upturn AI SWOT
Cipher Mining Inc

Company Overview
History and Background
Cipher Mining Inc. was founded in 2020 and went public through a business combination with Good Works Acquisition Corp. in August 2021. The company focuses on Bitcoin mining, aiming to become a leading North American Bitcoin mining company.
Core Business Areas
- Bitcoin Mining: Cipher Mining focuses on Bitcoin mining operations, generating revenue through the successful validation of blocks on the Bitcoin blockchain and receiving block rewards.
Leadership and Structure
Tyler Page is the Chief Executive Officer. The organizational structure is designed around managing and expanding their Bitcoin mining facilities.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: Cipher Mining generates Bitcoin through its mining operations. Market share data for individual miners is not readily available and fluctuates based on network hashrate. Competitors include Marathon Digital Holdings (MARA), Riot Platforms (RIOT), and Core Scientific (CORZ).
Market Dynamics
Industry Overview
The Bitcoin mining industry is highly competitive and capital-intensive, influenced by Bitcoin price volatility, regulatory changes, and technological advancements in mining hardware.
Positioning
Cipher Mining aims to be a leading Bitcoin mining company by building and operating large-scale mining facilities with competitive electricity costs.
Total Addressable Market (TAM)
The TAM is equivalent to the total Bitcoin network hashrate rewards. Cipher Mining's positioning depends on its share of the global hashrate.
Upturn SWOT Analysis
Strengths
- Large-scale mining facilities
- Competitive electricity costs
- Experienced management team
- Focus on sustainability (though this varies based on facility)
Weaknesses
- Reliance on Bitcoin price volatility
- High capital expenditure requirements
- Dependence on technological advancements in mining hardware
- Geographical Concentration
Opportunities
- Expansion of mining facilities
- Technological advancements in mining hardware
- Potential partnerships with energy providers
- Increased institutional adoption of Bitcoin
Threats
- Bitcoin price volatility
- Regulatory changes
- Increased competition
- Rising electricity costs
- Halving events reducing block rewards
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CORZ
- Hut8
Competitive Landscape
Cipher Mining competes with other Bitcoin mining companies based on mining capacity, electricity costs, and operational efficiency. Advantages may include access to cheaper energy and more efficient mining hardware. Disadvantages include geographical concentration risk and reliance on Bitcoin price.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is characterized by the expansion of mining facilities and increased Bitcoin production.
Future Projections: Future projections depend on Bitcoin price forecasts, expansion plans, and efficiency improvements. Analyst estimates should be consulted for specific growth projections.
Recent Initiatives: Recent initiatives include expanding mining capacity, improving energy efficiency, and exploring sustainable energy sources.
Summary
Cipher Mining is a Bitcoin mining company aiming for growth through facility expansion and operational efficiencies. The company's performance is highly dependent on the volatile price of Bitcoin and regulatory factors. Success hinges on maintaining competitive electricity costs and efficiently deploying mining hardware. Investors should monitor Bitcoin's price and regulatory landscape closely.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Reports
- Analyst Estimates
- Bitcoin Network Data
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data and company information are subject to change. Investment decisions should be based on thorough research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Cipher Mining Inc
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2021-08-30 | CEO & Director Mr. Rodney Tyler Page | ||
Sector Financial Services | Industry Capital Markets | Full time employees 43 | Website https://www.ciphermining.com |
Full time employees 43 | Website https://www.ciphermining.com |
Cipher Mining Inc., together with its subsidiaries, develops and operates industrial-scale data centers in the United States. The company was founded in 2021 and is headquartered in New York, New York.

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