Open market share sales from reserve
Company: Cipher Mining
The claim, verbatim
Bitfury expects to sell from time to time approximately 9.2 million shares of Common Stock allocated to the share reserve on the open market
Source (primary)
Cipher Mining SC 13D/A filed 2024-05-16 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Bitfury expects to sell from time to time approximately 9.2 million shares of Common Stock allocated to the share reserve on the open market”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states that Bitfury expects to sell about 9.2 million reserve shares on the open market from time to time.
Confirmed in the source:
- Bitfury expects to sell from time to time approximately 9.2 million shares of Cipher Mining common stock
- The shares to be sold are those allocated to the share reserve
- The sales are expected to occur on the open market
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000112329224000128/bitfury13d.htm) in full (13,185 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining SC 13D/A filed 2024-05-16
Quote: “Bitfury expects to sell from time to time approximately 9.2 million shares of Common Stock allocated to the share reserve on the open market”