Cipher Mining
CIFRMarket valuation vs the Bitcoin it holds
152.00×
Premium
a 15100% premium to Bitcoin NAV
Cipher Mining trades at 152.00× its Bitcoin NAV — you pay $152.00 for every $1 of Bitcoin it holds, a 96.5M USD pile.
Live · last updated
BTC held
1,500 BTC
Bitcoin treasury
Bitcoin NAV
96.5M USD
at today's BTC price
Market cap
13.1B USD
Fully diluted
Share price
21.6 USD
USD
Last BTC buy
86 BTC
Oct 7, 2025
mNAV over time
Full history · dilutedToday's 152.00× sits in a 52-week range of 14.59× to 125.07×.
mNAV · 52-week range
14.59×–125.07×
14.59×now 152.00×125.07×
About Cipher Mining
Cipher Mining (CIFR) owns 1,500 BTC. At today's price that Bitcoin is worth 96.5M USD. The market caps the whole company at 13.1B USD — 152.00× its Bitcoin. Put plainly: you pay $152.00 for every $1 of Bitcoin it holds, a 15100% premium for everything that isn't the Bitcoin. It bought in at an average of 47.9K USD per coin.
Cipher Mining (CIFR) mNAV — frequently asked
- What is Cipher Mining (CIFR)'s mNAV?
- Cipher Mining's mNAV is currently 152.00×. mNAV divides CIFR's market capitalisation by the value of the Bitcoin it holds, so 152.00× means the market values the company at 152.00× the worth of its Bitcoin treasury (96.5M USD).
- Is Cipher Mining (CIFR) overvalued versus its Bitcoin?
- At 152.00×, Cipher Mining (CIFR) trades at a 15100% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 14.59×–125.07×.
- How much Bitcoin does Cipher Mining (CIFR) hold?
- Cipher Mining holds 1,500 BTC, worth 96.5M USD at current prices. Its most recent purchase was 86 BTC on Oct 7, 2025.
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