Tyler Page

Chief executive, Cipher Mining

Tyler Page is a chief executive at Cipher Mining. Their most recent Section 16 filing is from October 2026.

Known for: chief executive at Cipher Mining

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Money

Cipher's first Barber Lake rent decides between Wells Fargo's $25 and Morgan Stanley's $51.50

Cipher Digital stretched its Barber Lake lease to 20 years and more than $9 billion of contracted revenue, and the tape has still ruled below every published price target. The risk lands on Cipher: it eats the first $359.3 million of construction overruns and carries debt at 98.7% of market value, and the first rent check decides between Wells Fargo's $25 and Morgan Stanley's $51.50.

October 10, 2026 · 4 min read