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Cipher Digital, Inc. CIFR Payments To Acquire Capped Call Options

Discontinued — last reported Q4 '25

Payments To Acquire Capped Call Options at other companies

Applied Digital logo
Applied DigitalAPLD
$0-100%
Tempus AI, Inc. logo
Tempus AI, Inc.TEM
$10.44M
Rivian Automotive, Inc. logo
Rivian Automotive, Inc.RIVN
$0
DexCom logo
DexComDXCM
$0
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
$85M
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
$182.22M+413%

Other financials

Income statement

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Revenue$34.8M-28.8%
Gross profit$17.1M-49.7%
Operating income-$114.6M-201%
Net income-$114.3M-193%
EPS (diluted)-$0.28-155%

Balance sheet

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Cash & equivalents$713.0M+1,798%
Total debt$4.7B+8,030%
Total equity$714.2M-2.8%
Total assets$6.4B+600%

Cash flow

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Operating cash flow$91.5M+294%
CapEx$554.0M+456%
Free cash flow-$462.5M-215%

Valuation

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Market cap$11.94B+527%
Enterprise value$15.97B+985%
P/S56.9×+44.4×

Profitability

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Gross margin60%+1.0pp
Operating margin-237.4%
Net margin-427.8%
FCF margin-482%-3,491pp

Returns & leverage

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Return on equity-123.9%
Debt / equity6.6×+6.6×
Current ratio3.1×+2.0×

Where this comes from

Reported directly by Cipher Digital, Inc. in its filing.

Tagged under the XBRL concept cifr:PaymentsToAcquireCappedCallOptions.

The official record: Cipher Digital, Inc. ’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cipher Digital, Inc. 's payments to acquire capped call options?
Cipher Digital, Inc. (CIFR) reported payments to acquire capped call options of $20.67M in Q4 2025.
What does payments to acquire capped call options mean?
Cash spent on financial derivatives used to hedge against stock price volatility related to debt.
How do you interpret payments to acquire capped call options?
An increase reflects active management of convertible debt structures, often seen during complex financing events.
How does payments to acquire capped call options compare across companies?
Specific to companies with complex capital structures; peers with convertible notes often report similar hedging costs.