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
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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.”