CFO of Nasdaq Bitcoin Data Center Company Secures Hundreds of Thousands in Equity Through RSU Vesting

NASDAQ‐listed Cipher Digital Inc. (CIFR) Chief Financial Officer Gregory J.D. Mumford had approximately 17,000 restricted stock units vest on March 31, 2026, resulting in the acquisition of an equal number of common shares, with a portion withheld for tax purposes. This transaction reflects a routine internal equity adjustment under the company’s stock‐based compensation plan; Mumford’s total direct holdings remain at about 560,000 shares, and no open‐market purchases or sales were involved. The RSUs vest in equal quarterly installments over three years, underscoring the company’s long‐term incentive structure tied to his continued service. (SEC filing)

On March 25, the company announced it had signed a 15-year lease with an investment-grade hyperscale tenant for an AI/HPC data center campus and secured a revolving credit facility of up to $200 million. This credit line—equivalent to roughly KRW 280 billion—is viewed as part of Cipher Digital’s effort to diversify its capital structure as it scales its industrial high-performance computing data center development and operations. (NASDAQ press release)

Additionally, on April 21 Cipher Digital announced it will release its first-quarter 2026 financial results and business update on May 5 before the U.S. market opens, followed by a conference call at 8:00 AM ET the same day. The earnings release and call will be webcast live and available for replay in the Investor Relations section of the company’s website. (GlobeNewswire)

Cipher Digital is a U.S. developer and operator of industrial-scale data centers for Bitcoin mining and high-performance computing hosting. In February 2026, the company changed its name from Cipher Mining to emphasize its strategy of building a long-term, cash-flow–driven HPC data center platform. (StockAnalysis)

Mumford joined Cipher Digital as CFO in October 2025. He previously held finance leadership roles in digital assets and infrastructure investment banking at firms including KBW. (OTC Markets)