Leaderboard / Mining / United States
Cipher Digital (formerly Cipher Mining) (CIFR) bitcoin per share
Cipher Digital (formerly Cipher Mining) is a bitcoin miner, and miner treasuries behave differently from buy-and-hold balance sheets. Coins arrive as production and leave as funding for power, hardware and, increasingly, AI data center buildouts, so the per-share figure drifts month to month rather than moving in discrete purchase announcements. Listed on Nasdaq and based in the United States, it holds 1,500 BTC against 409,050,000 shares outstanding, which works out to 366.70 satoshis per share. That places it at rank 59 of 81 on the bitcoinps.com leaderboard. A large absolute holding can still translate into a thin per-share figure when the share count is large, and this row is a good example.
The math
The calculation is deliberately simple: 1,500 BTC (as of August 3, 2026) divided by 409,050,000 basic shares (as of August 3, 2026) gives 0.00000367 BTC per share. Put another way, you would need roughly 272,703 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.
Holdings context
Direction of travel matters more than the snapshot here. Disclosures point to this position being wound down or restructured, so the per-share figure is more likely to shrink or disappear than to grow between our updates.
What would change this number
- New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
- Production and treasury sales. As a miner, the company adds coins through block rewards and routinely sells production to fund operations and capital spending. The balance between mined and sold bitcoin sets the monthly drift in this figure, independent of any financing activity.
Quick reference: at the current figure, roughly 272,703 shares of CIFR represent one full bitcoin.
Sources
Listed on Nasdaq. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.