PIPE Investment - 37.5M shares at $10/share
Company: Cipher Mining
The claim, verbatim
PIPE Investors to purchase 37,500,000 shares at $10.00 per share for $375,000,000 in aggregate gross proceeds
Source (primary)
Cipher Mining 8-K filed 2021-08-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the PIPE Investors agreed to subscribe for and purchase, and Good Works agreed to issue and sell to such PIPE Investors, immediately following the Closing, an aggregate of 37,500,000 shares of Cipher Mining Common Stock for a purchase price of $10.00 per share, for aggregate gross proceeds of $375,000,000”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
All figures for the PIPE Investment match the document exactly.
Confirmed in the source:
- PIPE Investors agreed to purchase an aggregate 37,500,000 shares of Cipher Mining Common Stock
- The PIPE purchase price was $10.00 per share
- Aggregate gross proceeds were $375,000,000
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312521260900/d212090d8k.htm) in full (42,290 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 8-K filed 2021-08-31
Quote: “the PIPE Investors agreed to subscribe for and purchase, and Good Works agreed to issue and sell to such PIPE Investors, immediately following the Closing, an aggregate of 37,500,000 shares of Cipher Mining Common Stock for a purchase price of $10.00 per share, for aggregate gross proceeds of $375,000,000”