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Cipher Digital, Inc. CIFR Change in fair value of bitcoin collateral

Change in fair value of bitcoin collateral at other companies

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-$396M-193%

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:FairValueAdjustmentOfCryptoCollateralPledged.

The official record: Cipher Digital, Inc. ’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cipher Digital, Inc. 's change in fair value of bitcoin collateral?
Cipher Digital, Inc. (CIFR) reported change in fair value of bitcoin collateral of $0 in Q1 2026.
How has Cipher Digital, Inc. 's change in fair value of bitcoin collateral changed year-over-year?
Cipher Digital, Inc. 's change in fair value of bitcoin collateral decreased by 100.0% year-over-year, from $2.76M to $0.
What does change in fair value of bitcoin collateral mean?
The non-cash change in value of crypto assets used as collateral.
How do you interpret change in fair value of bitcoin collateral?
Reflects the market price sensitivity of the company's pledged digital asset reserves.
How does change in fair value of bitcoin collateral compare across companies?
Specific to crypto-mining or digital asset-heavy firms with collateralized debt structures.