0001062993-24-012522.txt : 20240612 0001062993-24-012522.hdr.sgml : 20240612 20240612175448 ACCESSION NUMBER: 0001062993-24-012522 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240610 FILED AS OF DATE: 20240612 DATE AS OF CHANGE: 20240612 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Vavilovs Valerijis CENTRAL INDEX KEY: 0001887811 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39625 FILM NUMBER: 241039515 MAIL ADDRESS: STREET 1: C/O CIPHER MINING INC. STREET 2: 222 PURCHASE STREET, SUITE #290 CITY: RYE STATE: NY ZIP: 10580 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bitfury Top HoldCo B.V. CENTRAL INDEX KEY: 0001884407 ORGANIZATION NAME: STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39625 FILM NUMBER: 241039518 BUSINESS ADDRESS: STREET 1: STRAWINSKYLAAN 3051 CITY: AMSTERDAM, NOORD-HOLLAND STATE: P7 ZIP: 1077 ZX BUSINESS PHONE: 44.20.7710.5833 MAIL ADDRESS: STREET 1: STRAWINSKYLAAN 3051 CITY: AMSTERDAM, NOORD-HOLLAND STATE: P7 ZIP: 1077 ZX REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bitfury Group Ltd CENTRAL INDEX KEY: 0001887872 ORGANIZATION NAME: STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39625 FILM NUMBER: 241039514 BUSINESS ADDRESS: STREET 1: STRAWINSKYLAAN 3051 CITY: AMSTERDAM, NOORD-HOLLAND STATE: P7 ZIP: 1077 ZX BUSINESS PHONE: 44.20.7710.5833 MAIL ADDRESS: STREET 1: STRAWINSKYLAAN 3051 CITY: AMSTERDAM, NOORD-HOLLAND STATE: P7 ZIP: 1077 ZX REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: V3 Holding Ltd CENTRAL INDEX KEY: 0001887845 ORGANIZATION NAME: STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39625 FILM NUMBER: 241039517 BUSINESS ADDRESS: STREET 1: C/O CIPHER MINING INC. STREET 2: 222 PURCHASE STREET, SUITE #290 CITY: RYE STATE: NY ZIP: 10580 BUSINESS PHONE: (914) 370-8006 MAIL ADDRESS: STREET 1: C/O CIPHER MINING INC. STREET 2: 222 PURCHASE STREET, SUITE #290 CITY: RYE STATE: NY ZIP: 10580 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bitfury Holding B.V. CENTRAL INDEX KEY: 0001887853 ORGANIZATION NAME: STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39625 FILM NUMBER: 241039516 BUSINESS ADDRESS: STREET 1: STRAWINSKYLAAN 3051 CITY: AMSTERDAM, NOORD-HOLLAND STATE: P7 ZIP: 1077 ZX BUSINESS PHONE: 44.20.7710.5833 MAIL ADDRESS: STREET 1: STRAWINSKYLAAN 3051 CITY: AMSTERDAM, NOORD-HOLLAND STATE: P7 ZIP: 1077 ZX ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Cipher Mining Inc. CENTRAL INDEX KEY: 0001819989 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 851614529 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 VANDERBILT AVENUE STREET 2: FLOOR 54 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 332-262-2300 MAIL ADDRESS: STREET 1: 1 VANDERBILT AVENUE STREET 2: FLOOR 54 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: GOOD WORKS ACQUISITION CORP. DATE OF NAME CHANGE: 20200803 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0508 4 2024-06-10 0001819989 Cipher Mining Inc. CIFR 0001884407 Bitfury Top HoldCo B.V. STRAWINSKYLAAN 3051 AMSTERDAM P7 1077 ZX NETHERLANDS 0 0 1 0 0001887845 V3 Holding Ltd 4TH FL HARBOUR PL 103 S CHURCH ST, 10240 GEORGE TOWN E9 KY1-1002 CAYMAN ISLANDS 0 0 1 0 0001887853 Bitfury Holding B.V. STRAWINSKYLAAN 3051 AMSTERDAM P7 1077 ZX NETHERLANDS 0 0 1 0 0001887811 Vavilovs Valerijis STRAWINSKYLAAN 3051 AMSTERDAM P7 1077 ZX NETHERLANDS 0 0 1 0 0001887872 Bitfury Group Ltd 6TH FLOOR ONE LONDON WALL LONDON X0 EC2Y 5EB UNITED KINGDOM 0 0 1 0 0 Common Stock 2024-06-10 4 S 0 319747 4.21 D 115790611 I See Footnote Common Stock 2024-06-11 4 S 0 308506 4.07 D 115482105 I See Footnote Common Stock 2024-06-12 4 S 0 336377 4.58 D 115145728 I See Footnote The price reported in Column 4 represents a weighted average sales price of $4.2109. These shares were sold in multiple transactions at prices ranging from $3.99 to $4.39, inclusive. The reporting person undertakes to provide to Cipher Mining Inc., any security holder of Cipher Mining Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnotes 1 through 3 of this Form 4. The price reported in Column 4 represents a weighted average sales price of $4.0746. These shares were sold in multiple transactions at prices ranging from $3.95 to $4.20, inclusive. The price reported in Column 4 represents a weighted average sales price of $4.5828. These shares were sold in multiple transactions at prices ranging from $4.32 to $4.74, inclusive. The sales reported on this Form 4 were made from the share reserve previously disclosed in Amendment No. 5 to Schedule 13D filed by the Reporting Persons on May 16, 2024. Following the sales reported on this Form 4, the Reporting Persons expect to sell approximately 5.5 million additional shares from the share reserve, subject to market conditions and other matters, as previously reported. Bitfury Holding B.V. is the record holder of 4,821,560 shares of Common Stock. Bitfury Top HoldCo B.V. ("Bitfury Top HoldCo") is the record holder of 60,009,684 shares of Common Stock and is the sole owner of Bitfury Holding B.V. As a result, Bitfury Top HoldCo may be deemed to share beneficial ownership of the shares of Common Stock held by Bitfury Holding B.V. V3 Holding Limited ("V3") is the direct holder of 50,314,484 shares of Common Stock. Valerijs Vavilovs is the sole owner of V3, which is the majority owner of Bitfury Group Limited ("BGL"). BGL is the sole owner of Bitfury Top HoldCo. [Continued] [Cont.] As a result of the foregoing relationships, each of Mr. Vavilovs, V3 and BGL may be deemed to share beneficial ownership of the Common Stock beneficially owned by Bitfury Top HoldCo., and Mr. Vavilovs may be deemed to have beneficial ownership of the Common Stock owned by V3. Each of Mr. Vavilovs, V3, Bitfury Top HoldCo, BGL and Bitfury Holding B.V. disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein. Stijn Ehren, Managing Director of Bitfury Top HoldCo B.V., By: /s/ Stijn Ehren 2024-06-12 Stijn Ehren, Managing Director of Bitfury Holding B.V., By: /s/ Stijn Ehren 2024-06-12 Valerijs Vavilovs, Director of Bitfury Group Limited, By: /s/ Valerijs Vavilovs 2024-06-12 Valerijs Vavilovs, Director of V3 Holding Limited, By: /s/ Valerijs Vavilovs 2024-06-12 Valerijs Vavilovs, By: /s/ Valerijs Vavilovs 2024-06-12