Share cancellation for debt satisfaction
Company: Cipher Mining
The claim, verbatim
Cipher Mining cancelled 2,890,173 shares held by Bitfury Top HoldCo at $3.46 per share in full satisfaction of $10,000,000 in obligations
Source (primary)
Cipher Mining SC 13D/A filed 2022-04-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Issuer cancelled on its stock records 2,890,173 shares of Common Stock out of the Lock-up Shares held by Bitfury Top HoldCo in an amount equal to $3.46 per share of Common Stock in full satisfaction of certain obligations of Bitfury Top HoldCo to Cipher Mining in an amount equal to $10,000,000.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the Issuer cancelled 2,890,173 shares held by Bitfury Top HoldCo at $3.46 per share in full satisfaction of $10,000,000 in obligations.
Confirmed in the source:
- Cipher Mining cancelled 2,890,173 shares held by Bitfury Top HoldCo
- The shares were valued at $3.46 per share
- The cancellation was in full satisfaction of $10,000,000 in obligations of Bitfury Top HoldCo to Cipher Mining
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312522103031/d317900dsc13da.htm) in full (14,289 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining SC 13D/A filed 2022-04-12
Quote: “the Issuer cancelled on its stock records 2,890,173 shares of Common Stock out of the Lock-up Shares held by Bitfury Top HoldCo in an amount equal to $3.46 per share of Common Stock in full satisfaction of certain obligations of Bitfury Top HoldCo to Cipher Mining in an amount equal to $10,000,000.”