Bitfury Top HoldCo post-merger ownership stake
Company: Cipher Mining
The claim, verbatim
Upon completion of the Business Combination, Bitfury Top HoldCo, including through the Bitfury Private Placement, will own approximately 77.66% of the outstanding New Cipher Common Stock
Source (primary)
Cipher Mining S-4/A filed 2021-07-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “upon completion of the Business Combination, (i) Bitfury Top HoldCo (as defined in this proxy statement/prospectus), including through the Bitfury Private Placement (as defined below), will own, collectively, approximately 77.66% of the outstanding New Cipher Common Stock”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document repeatedly states Bitfury Top HoldCo will own approximately 77.66% of the outstanding New Cipher Common Stock following the Business Combination.
Confirmed in the source:
- Upon completion of the Business Combination, Bitfury Top HoldCo, including through the Bitfury Private Placement, will own approximately 77.66% of the outstanding New Cipher Common Stock
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312521211971/d127963ds4a.htm) in full (2,317,606 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining S-4/A filed 2021-07-09
Quote: “upon completion of the Business Combination, (i) Bitfury Top HoldCo (as defined in this proxy statement/prospectus), including through the Bitfury Private Placement (as defined below), will own, collectively, approximately 77.66% of the outstanding New Cipher Common Stock”