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Bitfury strategic investment

Company: Cipher Mining

Subject kind
financing
Statement date
2021-10-07
Promised amount
60000000.0 USD
Current status
stated

The claim, verbatim

Bitfury Top HoldCo agreed to purchase 6,000,000 shares at $10.00 per share for $60,000,000 in cash and/or debt forgiveness

Source (primary)

Cipher Mining 424B3 filed 2021-10-08 (SEC EDGAR, sec_filing)
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Quote: “Bitfury Top HoldCo agreed to subscribe for and purchase, and Good Works agreed to issue and sell to Bitfury Top HoldCo (or an affiliate of Bitfury Top HoldCo), an aggregate of 6,000,000 shares of our common stock at a purchase price of $10.00 per share for an aggregate of cash and/or forgiveness of outstanding indebtedness owed by Cipher to Bitfury Top HoldCo (or an affiliate of Bitfury Top HoldCo) of $60,000,000”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Cipher Mining 424B3 filed 2021-10-08

Quote: “Bitfury Top HoldCo agreed to subscribe for and purchase, and Good Works agreed to issue and sell to Bitfury Top HoldCo (or an affiliate of Bitfury Top HoldCo), an aggregate of 6,000,000 shares of our common stock at a purchase price of $10.00 per share for an aggregate of cash and/or forgiveness of outstanding indebtedness owed by Cipher to Bitfury Top HoldCo (or an affiliate of Bitfury Top HoldCo) of $60,000,000”

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