Direct stock offering to Trinity Mining Group
Company: Cipher Mining
What the later record shows
Outcome not yet confirmed
No passage mentions the 2,397,424 shares issued to Trinity Mining Group. The equity tables do not break out that issuance.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Issuing 2,397,424 shares of common stock directly to Trinity Mining Group Inc., fully registered and freely tradable, with no underwriting commissions
Source (primary)
Cipher Mining 424B5 filed 2023-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We are offering 2,397,424 shares (the "Shares") of our common stock, par value $0.001 per share, directly to Trinity Mining Group, Inc., a Delaware corporation ("Trinity"), in this offering... We will not be paying any underwriting discounts or commissions in this offering... The Shares issued pursuant to this prospectus supplement are fully registered and freely tradable.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The prospectus supplement states the share count, the direct issuance to Trinity, the registered and freely tradable status, and the absence of underwriting commissions.
Confirmed in the source:
- Cipher is issuing 2,397,424 shares of common stock
- The shares are offered directly to Trinity Mining Group, Inc.
- The shares are fully registered and freely tradable
- No underwriting discounts or commissions are paid in the offering
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312523273313/d556672d424b5.htm) in full (157,109 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 424B5 filed 2023-11-08
Quote: “We are offering 2,397,424 shares (the "Shares") of our common stock, par value $0.001 per share, directly to Trinity Mining Group, Inc., a Delaware corporation ("Trinity"), in this offering... We will not be paying any underwriting discounts or commissions in this offering... The Shares issued pursuant to this prospectus supplement are fully registered and freely tradable.”