Bitfury Private Placement commitment
Company: Cipher Mining
The claim, verbatim
Cipher Stockholder (Bitfury) committed to provide $50,000,000 in benefit-in-kind funding
Source (primary)
Cipher Mining S-4 filed 2021-05-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “the Cipher Stockholder agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to the Cipher Stockholder, 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 filed 2021-05-14
Quote: “the Cipher Stockholder agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to the Cipher Stockholder, 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”