Cipher Digital (CIFR) Market Capitalization (2020 - 2026)
Cipher Digital (CIFR) recorded Market Capitalization of $10.15 billion in Q2 2026, up 449.0% from $1.85 billion a year earlier and up 94.6% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Market Capitalization (2020 - 2026) Analysis & Trends
For FY2025, Cipher Digital reported Market Capitalization of $5.98 billion, up 267.2% from FY2024.
- Annual Market Capitalization has increased for three straight years, with a five-year compound annual growth rate of 126.1% (FY2020 to FY2025).
- Across earlier years, Market Capitalization came in at $1.63 billion in FY2024 (+35.4%), $1.2 billion in FY2023 (+766.8%), $138.63 million in FY2022 (-88.0%) and $1.15 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Market Capitalization in data going back to Q4 2020.
- On a year-over-year basis, Market Capitalization has increased for five consecutive quarters, with growth averaging 206.0% over the last eight quarters.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 766.8% in Q4 2023, against a decline of 88.0% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.22 billion (Q1 2026), $5.98 billion (Q4 2025) and $4.96 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn |
| 10 | Cipher Digital | 6.55 Bn | 3.20 Bn | 9.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.15 Bn |
| Mar 31, 2026 | 5.22 Bn |
| Dec 31, 2025 | 5.98 Bn |
| Sep 30, 2025 | 4.96 Bn |
| Jun 30, 2025 | 1.85 Bn |
| Mar 31, 2025 | 852.97 Mn |
| Dec 31, 2024 | 1.63 Bn |
| Sep 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | 1.58 Bn |
| Dec 31, 2023 | 1.20 Bn |
| Sep 30, 2023 | 593.12 Mn |
| Jun 30, 2023 | 716.18 Mn |
| Mar 31, 2023 | 579.95 Mn |
| Dec 31, 2022 | 138.63 Mn |
| Sep 30, 2022 | 311.87 Mn |
| Jun 30, 2022 | 339.06 Mn |
| Mar 31, 2022 | 910.63 Mn |
| Dec 31, 2021 | 1.15 Bn |
| Sep 30, 2021 | 2.55 Bn |
API Access
Cipher Digital Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "CIFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();