Bitfury Private Placement - 6M shares for $60M
Company: Cipher Mining
The claim, verbatim
Bitfury Top HoldCo to purchase 6,000,000 shares at $10.00 per share for $60,000,000 in aggregate consideration
Source (primary)
Cipher Mining 8-K filed 2021-08-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
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 Cipher Mining Common Stock, for an aggregate of $60,000,000”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document confirms the 6,000,000 share aggregate at $10.00 per share for $60,000,000, though as cash and/or debt forgiveness.
Confirmed in the source:
- Bitfury Top HoldCo's aggregate subscription under the private placement was 6,000,000 shares of Cipher Mining Common Stock
- The price was $10.00 per share
- The aggregate was $60,000,000
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: “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 Cipher Mining Common Stock, for an aggregate of $60,000,000”