Cipher Mining Inc. $CIFR Shares Acquired by Optiver Holding B.V.

Optiver Holding B.V. lifted its position in Cipher Mining Inc. (NASDAQ:CIFR) by 281.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 135,512 shares of the company’s stock after acquiring an additional 99,993 shares during the quarter. Optiver Holding B.V.’s holdings in Cipher Mining were worth $1,706,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CIFR. Sherman Asset Management Inc. acquired a new position in Cipher Mining in the third quarter worth $25,000. Hollencrest Capital Management bought a new position in shares of Cipher Mining in the 3rd quarter worth about $31,000. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Cipher Mining by 10.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 29,247 shares of the company’s stock valued at $368,000 after buying an additional 2,659 shares during the period. Teacher Retirement System of Texas boosted its holdings in shares of Cipher Mining by 7.9% in the 2nd quarter. Teacher Retirement System of Texas now owns 38,281 shares of the company’s stock valued at $183,000 after buying an additional 2,812 shares during the period. Finally, Arizona State Retirement System grew its position in shares of Cipher Mining by 4.4% during the 3rd quarter. Arizona State Retirement System now owns 76,841 shares of the company’s stock valued at $967,000 after buying an additional 3,206 shares during the last quarter. 12.26% of the stock is owned by institutional investors and hedge funds.

Cipher Mining Stock Down 3.0%

Shares of CIFR stock opened at $16.61 on Thursday. Cipher Mining Inc. has a 1 year low of $1.86 and a 1 year high of $25.52. The stock has a market cap of $6.56 billion, a PE ratio of -7.69 and a beta of 2.95. The business’s fifty day moving average is $16.45 and its 200-day moving average is $15.10. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.49 and a current ratio of 2.49.

Insiders Place Their Bets

In other news, Director Wesley Hastie Williams sold 49,867 shares of Cipher Mining stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $16.08, for a total value of $801,861.36. Following the transaction, the director directly owned 158,145 shares of the company’s stock, valued at $2,542,971.60. This trade represents a 23.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Patrick Arthur Kelly sold 35,569 shares of Cipher Mining stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $15.08, for a total transaction of $536,380.52. Following the transaction, the chief operating officer owned 1,151,770 shares in the company, valued at approximately $17,368,691.60. The trade was a 3.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 142,825 shares of company stock worth $2,319,720. 2.63% of the stock is owned by insiders.

Key Stories Impacting Cipher Mining

Here are the key news stories impacting Cipher Mining this week:

• Positive Sentiment: Cipher’s management is pitching a long-term pivot to hyperscale/HPC leases and projects a material recurring cash-generation profile (a published plan that cites roughly $669M average annualized NOI through 2036), which supports a valuation case beyond volatile crypto-mining cycles. Article Title
• Positive Sentiment: Cipher sold its 49% stake in the West Texas mining venture to Canaan for $39.75M in stock — a transaction that reduces direct mining exposure, brings a strategic partner, and frees up assets/capital as the company shifts toward hyperscale infrastructure. Article Title
• Neutral Sentiment: Several analysts trimmed price targets but maintained “buy” ratings (HC Wainwright lowered to $25; Needham to $22). That signals continued institutional conviction in the retooling story, but reduced near-term upside expectations. Article Title Article Title
• Neutral Sentiment: Management hosted an earnings call and published a slide deck outlining the HPC pivot and next steps — useful for assessing execution risk but not an immediate earnings offset. Slide Deck
• Neutral Sentiment: Short-interest data in the feed shows 0 shares (likely a reporting anomaly); disregard as a real signal until exchanges confirm updated short data.
• Negative Sentiment: Q4 results materially missed expectations: GAAP net loss (~$734M) and EPS of about -$1.92 vs. consensus around -$0.12, with revenue roughly $59.7M versus estimates near $86M — these misses drove near-term downside as they highlight weak mining revenue and mark-to-market/one-time charges. Article Title
• Negative Sentiment: Revenue and EPS misses, plus negative margins and a large GAAP loss, increase execution and liquidity risk in the near term until hyperscale contracts and asset monetizations materialize. Article Title

Analyst Ratings Changes

Several equities analysts have recently commented on CIFR shares. Wall Street Zen raised Cipher Mining from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings restated a “sell (d-)” rating on shares of Cipher Mining in a research report on Monday, December 29th. HC Wainwright lowered their price objective on Cipher Mining to $25.00 and set a “buy” rating for the company in a research note on Wednesday. BTIG Research reiterated a “buy” rating and issued a $25.00 target price on shares of Cipher Mining in a research note on Wednesday, November 5th. Finally, Wells Fargo & Company set a $18.00 price target on shares of Cipher Mining in a report on Monday, November 24th. Fourteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.46.

Cipher Mining Profile

Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.

Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.