CICipher Mining Inc. CIFR · NASDAQ
$8.98 -10.56% (-$1.06)
- Market cap
- $4.17B
- Enterprise value
- $5.73B
- P/E
- -
- Forward P/E
- -
- PEG
- -
- P/S
- 21.8x
- P/FCF
- -
- EV/EBITDA
- -
- ROIC
- -5.0%
- Gross margin
- -30.1%
- Net margin
- -585.8%
- Dividend yield
- -
- Payout ratio
- -
- Net debt/EBITDA
- -
- Beta
- 3.21
- Free float
- 83.0%
About the company
Cipher Mining Inc. (CIFR) is an American company focused on mining and managing digital assets, particularly cryptocurrencies like Bitcoin. With the aim of becoming one of the leading players in the cryptocurrency mining sector, Cipher Mining invests in state-of-the-art technologies and infrastructure required for efficient and sustainable mining operations. The company is actively involved in identifying new mining locations with access to cheap electrical power and favorable climatic conditions. Their strategy also includes long-term investments in the development of blockchain technologies and the digital ecosystem. Shares of Cipher Mining Inc. (CIFR) could be an intriguing choice for investors seeking exposure to the cryptocurrency market and believing in the long-term potential of blockchain technologies.
Sector
Technology
Industry
Information Technology Services
CEO
Rodney Tyler Page
Employees
66
Headquarters
New York City
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