Cipher Digital Inc. filed its quarterly report on Form 10-Q with the SEC on November 2, 2026, covering the fiscal quarter ended September 30, 2026, disclosing share count, business structure, and risk factors related to its bitcoin mining and high-performance compute data center operations.

Key Highlights

  • Share count: As of October 30, 2026, Cipher Digital had 456,365,113 shares of Common Stock, $0.001 par value per share, outstanding.
  • Exchange listing: Common Stock trades on NASDAQ:CIFR under the symbol CIFR on The Nasdaq Stock Market LLC.
  • Filer classification: The company is classified as a large accelerated filer and is not a smaller reporting company or emerging growth company.
  • Business operations: According to the filing, the company operates in bitcoin mining and is developing high-performance compute (HPC) data centers, with operations concentrated in Texas.
  • Corporate address: Principal executive offices are located at 1 Vanderbilt Avenue, Floor 54, New York, New York 10017.
  • Commission File Number: 001-39625, with Delaware incorporation and IRS Employer Identification Number 85-1614529.

Cipher Digital's Dual-Focus Business Model and Disclosed Risk Factors

According to the filing, Cipher Digital Inc. operates across two primary business areas: bitcoin mining and the construction and operation of data centers for high-performance compute (HPC) customers. The company disclosed that its HPC data center development is concentrated in Texas, which, the filing notes, exposes it to risks tied to that state's regulatory environment, market conditions, and natural disasters.

The filing describes several operational dependencies. Cipher Digital states it relies on third-party contractors for engineering, procurement, and construction, as well as on transmission and distribution utilities, grid operators, and manufacturers of specialized equipment. The company also disclosed that its HPC data centers serve tenants, and that tenant guarantees and backstop arrangements "will only be effective after rent commencement under such leases and are subject to certain limitations, like event of default triggers or caps," quoting the filing directly.

The filing further discloses that the company's business model has evolved to include HPC data center development driven by demand from artificial intelligence technology companies. The registrant noted that the forward-looking statements contained in the quarterly report are "only predictions" and are subject to known and unknown risks, uncertainties, and other factors. Capital expenditure requirements for HPC data center construction and the availability of power are cited as ongoing operational considerations in the disclosure.

What Was Disclosed

Cipher Digital Inc. filed its Form 10-Q for the quarter ended September 30, 2026, reporting 456,365,113 shares outstanding as of October 30, 2026, and disclosing its dual operations in bitcoin mining and HPC data center development, along with associated business and operational risk factors.