The Bitcoin Credit Stack
rates are percent a year, continuously compounded · figures as of 2026-10-17 · read 2026-10-17 15:39 UTC
Market › Corporate › Member companies › Cipher Digital Inc.

Cipher Digital Inc.

A member company of the corporate class, not a venue: none of its securities is registered here as an instrument. Its debt is in the class's figures, read line by line from its balance sheet. Venues and member companies →

Debt attributed to its bitcoin

Bitcoin held646 BTC as of 2026-06-30
Total assets, as filed7,501,454,000 USD as of 2026-06-30
SEC EDGAR accession 0001819989-26-000041 (10-Q)
Bitcoin on the balance sheet$37.8m, at fair value
Total assets today$7.52bn (filed total assets, less the bitcoin as carried, plus the bitcoin at today's price)
Unencumbered share0.7%
Filed debt, by security
$4.54bn secured by other assets
$1.47bn unsecured
Attributed to bitcoin$10.3m
Attributed debt to bitcoin held19.59%
Debt lineSecurityPrincipalAs ofCountedAttributed
1.75% Convertible Senior Notes due 2030
0001819989-26-000041
unsecured172,500,000 USD2026-06-30at 0.7%$1.2m
0.00% Convertible Senior Notes due 2031
0001819989-26-000041
unsecured1,300,000,000 USD2026-06-30at 0.7%$9.1m
Cipher Compute 7.125% Senior Secured Notes due 2030
0001819989-26-000041
secured by other assets1,733,000,000 USD2026-06-30at zero$0
Black Pearl Compute 6.125% Senior Secured Notes due 2031
0001819989-26-000041
secured by other assets2,000,000,000 USD2026-06-30at zero$0
Stingray Compute 6.000% Senior Secured Notes due 2031
0001819989-26-000041
secured by other assets810,000,000 USD2026-06-30at zero$0

In the order the dataset carries them, not ranked. How the class adds them up →

Ask for this by machine

REST
GET https://api.bitcoincreditstack.com/v1/market/issuers/cipher_digital
MCP
get_corporate_instruments()

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