Cipher Mining Inc.

DB:3A9 Stock Report

Market Cap: €1.7b

Cipher Mining Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Rodney Page

Chief executive officer

US$17.3m

Total compensation

CEO salary percentage4.76%
CEO tenure4yrs
CEO ownership1.5%
Management average tenure3.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rodney Page's remuneration changed compared to Cipher Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$124m

Dec 31 2024US$17mUS$825k

-US$45m

Sep 30 2024n/an/a

-US$52m

Jun 30 2024n/an/a

US$17m

Mar 31 2024n/an/a

US$19m

Dec 31 2023US$6mUS$563k

-US$26m

Sep 30 2023n/an/a

-US$88m

Jun 30 2023n/an/a

-US$10m

Mar 31 2023n/an/a

-US$26m

Dec 31 2022US$1mUS$300k

-US$39m

Sep 30 2022n/an/a

-US$63m

Jun 30 2022n/an/a

-US$125m

Mar 31 2022n/an/a

-US$96m

Dec 31 2021US$103mUS$225k

-US$79m

Compensation vs Market: Rodney's total compensation ($USD17.35M) is above average for companies of similar size in the German market ($USD1.68M).

Compensation vs Earnings: Rodney's compensation has increased whilst the company is unprofitable.


CEO

Rodney Page (49 yo)

4yrs
Tenure
US$17,347,733
Compensation

Mr. Rodney Tyler Page serves as the Chief Executive Officer and Director of Cipher Mining Inc. since August 27, 2021. From 2020 to 2021, he was Head of Business Development for digital asset infrastructure...


Leadership Team

NamePositionTenureCompensationOwnership
Rodney Page
CEO & Director4yrsUS$17.35m1.53%
€ 25.5m
Patrick Kelly
Co-President & COO4yrsUS$5.78m0.31%
€ 5.1m
William Iwaschuk
Co-President4yrsUS$5.78m0.28%
€ 4.7m
Edward Farrell
Chief Financial Officer4yrsUS$4.79m0.35%
€ 5.8m
John Franceski
Chief Accounting Officer1yrno datano data
Bryan Keller
Chief Technology Officer3.6yrsno datano data
Olivia Stennett
Chief Administrative Officerno datano datano data
Courtney Knight
Head of Investor Relationsno datano datano data
Daniel Cho
Director of Corporate Developmentno datano datano data
Samy Biyadi
Head of Powerno datano datano data
Courtney Frazier
Head of Corporate Operations3.6yrsno datano data
Chris Totin
Chief Construction Officer3.6yrsno datano data
3.8yrs
Average Tenure
49yo
Average Age

Experienced Management: 3A9's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rodney Page
CEO & Director4yrsUS$17.35m1.53%
€ 25.5m
Cary Grossman
Independent Director4yrsUS$389.85k0.065%
€ 1.1m
James Newsome
Independent Chairman4yrsUS$424.23k0.045%
€ 749.3k
Robert Flatley
Independent Director2yrsUS$379.23k0.021%
€ 355.1k
Caitlin Long
Independent Director4yrsUS$369.85k0.045%
€ 749.3k
Wesley Williams
Independent Director4yrsUS$379.23k0.045%
€ 749.3k
Holly Evans
Independent Director4yrsUS$376.73k0.045%
€ 749.3k
4.0yrs
Average Tenure
55yo
Average Age

Experienced Board: 3A9's board of directors are considered experienced (4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/05 23:06
End of Day Share Price 2025/08/05 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cipher Mining Inc. is covered by 14 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gregory LewisBTIG
Joseph VafiCanaccord Genuity
Brett KnoblauchCantor Fitzgerald & Co.