Cipher is also seeking to swap part of its 1.75% notes due 2030 for ordinary shares, which might result in more shares being issued and could put more pressure on CIFR stock.

Cipher Digital just paired a massive debt raise with a move that pulls shareholder dilution into the present rather than the future, and the market is punishing the stock hard. Whether signed hyperscale leases can grow fast enough to absorb the expanding share count is the question every holder needs to answer now.

Cipher Digital just paired a massive debt raise with a move that pulls shareholder dilution into the present rather than the future, and the market is punishing the stock hard. Whether signed hyperscale leases can grow fast enough to absorb the expanding share count is the question every holder needs to answer now.

Cipher Digital (CIFR) said Tuesday it plans to offer $850 million in zero-interest convertible senio

Market conditions apply; Cipher expects to offer initial purchasers a 13-day option for up to $150 million more and exchange some 2030 notes for shares.

View the basic CIFR option chain and compare options of Cipher Digital Inc. on Yahoo Finance.

Cipher Digital Inc. (NASDAQ:CIFR) shares declined 12% on Tuesday after the company announced plans to raise $850 million through a private offering of zero-interest convertible senior notes due in 2032, alongside a proposed exchange of existing debt for common stock.

In the most recent trading session, Cipher Digital Inc. (CIFR) closed at $11.34, indicating a -12.76% shift from the previous trading day.

Today, Oct. 13, 2026, Bitcoin miner Cipher Digital announced a premarket financing plan, sparking dilution concerns and sending shares to 52-week lows.

Cipher Digital Inc. (CIFR) shares are on track to hit their 6-month low in early morning trade on Tuesday, after the data center operator said it plans to sell $850 million of convertible notes that will pay no interest.