Bitfury Private Placement Commitment
Company: Cipher Mining
The claim, verbatim
Bitfury Top HoldCo will subscribe for and purchase 5,000,000 shares of GWAC common stock at $10.00 per share for a $50 million benefit-in-kind commitment
Source (primary)
Cipher Mining S-4/A filed 2021-06-15 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Bitfury Top HoldCo agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to Bitfury Top HoldCo, an aggregate of 5,000,000 shares GWAC Common Stock at a purchase price of $10.00 per share for benefit-in-kind commitment (such benefit-in-kind as may be provided from time to time) of $50,000,000”
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 S-4/A filed 2021-06-15
Quote: “Bitfury Top HoldCo agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to Bitfury Top HoldCo, an aggregate of 5,000,000 shares GWAC Common Stock at a purchase price of $10.00 per share for benefit-in-kind commitment (such benefit-in-kind as may be provided from time to time) of $50,000,000”