BITCOIN TREASURY: CIPHER
How much Bitcoin does Cipher own?
A Texas Bitcoin miner that keeps some of what it mines rather than selling all of it, so its holding rises and falls with how much it needs to spend. The count here is the Bitcoin on its own books: when it borrows against coins they leave the balance sheet entirely, and the page says so rather than quietly counting them twice.
Cipher Bitcoin held
Every day since the first disclosure. The line steps because the company reports a running total, not individual purchases, and the dashed marks are its most recent reported changes.
Right now
646 Bitcoin. That is the most recent total Cipher has reported, as of Jun 30, 2026.
That was 113 days ago. Until the company reports again, this is the most recent thing it has said.
Where does that number come from?
Source: the company's quarterly report, filed Aug 4, 2026. Confirmed, rounded to the nearest 1 Bitcoin.
What are those coins worth?
What the coins are worth
priced on Oct 20, 2026, at $82,946 a coin
Average price paid
no purchase price is on file for these coins yet
Gain or loss on paper
on the 0% of coins with a purchase price on file
What do those coins amount to?
Bitcoin held
NASDAQ: CIFR
Place among the companies we track
biggest holding first
Of every Bitcoin mined so far
How much Bitcoin is there for each Cipher share?
Bitcoin per share
on Jun 30, 2026, the latest report with both numbers
Change from the report before
since Mar 31, 2026
Change since the first report
since Sep 30, 2024
This number only exists on a day Cipher reported its share count and its Bitcoin together. Companies issue and buy back shares between reports, so we never divide today's Bitcoin by an old share count.
What does the market say Cipher is worth?
What all its shares are worth
at the close on Sep 22, 2026
Of the company's value that is Bitcoin
There is no value including debt for Cipher today. We only add debt, cash and preferred stock when a recent filing states each of them as one number.
The share price is from Sep 22, 2026. The share count comes from the last filing, 50 days earlier. We never guess a filed number between filings.
Has Cipher bought or sold this year?
Change in Bitcoin held
-54.9% since the end of last year
Change in the last 30 days
no reported change in the last month
Reported changes so far
most recently removing 470
Why does the line sit flat for weeks at a time?
Because a treasury only changes on paper when the company says it changed. Cipher reports a running total rather than each purchase, so the history moves in steps, and a step covers everything that happened between one report and the next.
A flat stretch is not missing data. It is the company not having filed anything new, which is most weeks for most companies.
From the filings
Every change Cipher has reported
| When | What happened | Bitcoin | Paid | Price per coin | Source |
|---|---|---|---|---|---|
| Jun 30, 2026total restated | New total reported | -470 | not published | not published | 10-Q confirmed, rounded to the nearest 1 |
| Mar 31, 2026total restated | New total reported | -317 | not published | not published | 10-Q confirmed, rounded to the nearest 1 |
| Dec 31, 2025total restated | New total reported | -60 | not published | not published | 10-K confirmed, rounded to the nearest 1 |
| Sep 30, 2025total restated | New total reported | +447 | not published | not published | 10-Q confirmed, rounded to the nearest 1 |
| Jun 30, 2025total restated | New total reported | +416 | not published | not published | 10-Q confirmed, rounded to the nearest 1 |
| Mar 31, 2025total restated | New total reported | -364 | not published | not published | 10-Q confirmed, rounded to the nearest 1 |
| Dec 31, 2024total restated | New total reported | -514 | not published | not published | 10-K confirmed, rounded to the nearest 1 |
In context
Other bitcoin mining companies that hold Bitcoin
How Cipher compares with the rest of its industry.
- #5MARA MARA35,577
- #7CleanSpark CLSK13,924
- #9Riot Platforms RIOT11,380
- #11American Bitcoin ABTC8,002
- #24Cipher CIFR646
Understanding
Cipher Digital Inc. Bitcoin Treasury
Where it stands today
Cipher Digital Inc. Bitcoin Treasury is 646 BTC as of .
What this page counts
Cipher is a public company that holds Bitcoin on its own balance sheet. Every number on this page comes from a filing the company made to its regulator, so this is what Cipher said about itself rather than an estimate of what it owns.
Why the line runs flat between filings
A treasury only changes when the company reports a change. Between filings the line runs flat, which is not missing data: it is the most recent thing the company has told anyone.
Why the history moves in steps
Cipher reports a running total rather than each individual purchase. That is why the history moves in steps, and why a step covers everything that happened between one report and the next rather than a single day's buying.
Why the dollar figures are dated
The dollar figures are the coins valued at one day's price, and that day is stated beside them. It runs a day behind the holding itself, because the price calendar and the filing calendar are not the same calendar, and pretending they were would date a number to a day it does not belong to. How these figures are put together.
The numbers
behind the chart
What does the current reading show?
Bitcoin held: the latest reading is 646 BTC, on . The highest reading since is 1,508 BTC on ; the lowest is 630 BTC on .
Each reading is the total Cipher had reported on that day. A holding stays where it is until a new figure moves it.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| Bitcoin held | 646 BTC | 1,508 BTC | 630 BTC |
How do the readings compare with earlier dates?
| Reference date | Bitcoin held |
|---|---|
| 1 month ago | 646 BTC |
| 3 months ago | 646 BTC |
| 6 months ago | 1,116 BTC |
| 1 year ago | 1,493 BTC |
| 2 years ago | 1,508 BTC |
What was the reading at each month’s end?
| Reading date | Bitcoin held |
|---|---|
| 646 BTC | |
| 646 BTC | |
| 646 BTC | |
| 646 BTC | |
| 1,116 BTC | |
| 1,116 BTC | |
| 1,116 BTC | |
| 1,433 BTC | |
| 1,433 BTC | |
| 1,433 BTC | |
| 1,493 BTC | |
| 1,493 BTC | |
| 1,493 BTC | |
| 1,046 BTC | |
| 1,046 BTC | |
| 1,046 BTC | |
| 630 BTC | |
| 630 BTC | |
| 630 BTC | |
| 994 BTC | |
| 994 BTC | |
| 994 BTC | |
| 1,508 BTC | |
| 1,508 BTC |
Keep exploring
Source: Taken from what the company told its regulator. Values use Bitcoin at $82,946 on Oct 20, 2026. Reading for .