Cipher Digital: Morgan Stanley reports 6.3% stake

Rhea-AI Filing Summary

Morgan Stanley has reported a significant ownership position in Cipher Digital Inc. common stock on a Schedule 13G. As of June 30, 2026, Morgan Stanley and certain of its operating units are deemed to beneficially own 26,279,615 Cipher Digital shares, representing 6.3% of the outstanding common stock.

The filing states Morgan Stanley has shared voting power23,960,283 shares and shared dispositive power26,279,615 shares, with no sole voting or dispositive power. The position reflects holdings aggregated for specific Morgan Stanley reporting units, and may exclude other disaggregated units.

Key Figures

Beneficially owned shares: 26,279,615 shares Ownership percentage: 6.3% Shared voting power: 23,960,283 shares +1 more

4 metrics

Beneficially owned shares 26,279,615 shares Cipher Digital common stock beneficially owned as of June 30, 2026

Ownership percentage 6.3% Percent of Cipher Digital common stock class reported by Morgan Stanley

Shared voting power 23,960,283 shares Shares over which Morgan Stanley has shared power to vote

Shared dispositive power 26,279,615 shares Shares over which Morgan Stanley has shared power to dispose

Key Terms

beneficially owned, shared voting power, shared dispositive power, CUSIP Number

4 terms

beneficially owned financial

"this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power financial

"Shared Voting Power 23,960,283.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 26,279,615.00"

CUSIP Number financial

"Title of class of securities: Common Stock (e) | CUSIP Number(s): 17253J106"

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership stake in Cipher Digital Inc. (CIFR) did Morgan Stanley report?

Morgan Stanley reported beneficial ownership of a 6.3% stake in Cipher Digital Inc. common stock. This stake corresponds to 26,279,615 shares deemed beneficially owned as of June 30, 2026 by certain Morgan Stanley reporting units.

How many Cipher Digital (CIFR) shares are beneficially owned by Morgan Stanley?

Morgan Stanley reported beneficial ownership of 26,279,615 Cipher Digital common shares. These holdings are attributed to certain Morgan Stanley operating units and represent the shares over which they have beneficial ownership for Schedule 13G reporting purposes.

What voting power does Morgan Stanley have over Cipher Digital (CIFR) shares?

Morgan Stanley reported shared voting power23,960,283 Cipher Digital shares and no sole voting power

What dispositive power does Morgan Stanley report over Cipher Digital (CIFR) stock?

Morgan Stanley reported shared dispositive power26,279,615 Cipher Digital shares and no sole dispositive power

Who filed the Cipher Digital (CIFR) Schedule 13G and from where?

The Schedule 13G was filed by Morgan Stanley, a Delaware entity, with a principal business office at 1585 Broadway, New York, NY 10036. The filing covers its beneficial ownership of Cipher Digital Inc. common stock.

Does the Morgan Stanley filing cover all of its Cipher Digital (CIFR) holdings?

The filing covers securities beneficially owned by certain Morgan Stanley reporting units. It states that any holdings by other Morgan Stanley units whose ownership is disaggregated under SEC Release No. 34-39538 are not included in this Schedule 13G.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/13/2026 - 04:57 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Cipher Digital Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

17253J106

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 17253J106

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 23,960,283.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 26,279,615.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,279,615.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Cipher Digital Inc.
(b)	Address of issuer's principal executive offices: 1 VANDERBILT AVENUE, FLOOR 54, NEW YORK, NY, 10017
Item 2.
(a)	Name of person filing: Morgan Stanley
(b)	Address or principal business office or, if none, residence: 1585 Broadway, New York, NY 10036
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 17253J106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 6.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Claire Gordon
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	08/13/2026