<SEC-DOCUMENT>0001062993-24-013071.txt : 20240626
<SEC-HEADER>0001062993-24-013071.hdr.sgml : 20240626
<ACCEPTANCE-DATETIME>20240626165933
ACCESSION NUMBER:		0001062993-24-013071
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240624
FILED AS OF DATE:		20240626
DATE AS OF CHANGE:		20240626

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:		241074353

	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:		241074356

	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:		241074352

	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:		241074355

	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:		241074354

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-06-24</periodOfReport>

    <issuer>
        <issuerCik>0001819989</issuerCik>
        <issuerName>Cipher Mining Inc.</issuerName>
        <issuerTradingSymbol>CIFR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001884407</rptOwnerCik>
            <rptOwnerName>Bitfury Top HoldCo B.V.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>STRAWINSKYLAAN 3051</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>AMSTERDAM</rptOwnerCity>
            <rptOwnerState>P7</rptOwnerState>
            <rptOwnerZipCode>1077 ZX</rptOwnerZipCode>
            <rptOwnerStateDescription>NETHERLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001887845</rptOwnerCik>
            <rptOwnerName>V3 Holding Ltd</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4TH FL HARBOUR PL 103 S CHURCH ST, 10240</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GEORGE TOWN</rptOwnerCity>
            <rptOwnerState>E9</rptOwnerState>
            <rptOwnerZipCode>KY1-1002</rptOwnerZipCode>
            <rptOwnerStateDescription>CAYMAN ISLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001887853</rptOwnerCik>
            <rptOwnerName>Bitfury Holding B.V.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>STRAWINSKYLAAN 3051</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>AMSTERDAM</rptOwnerCity>
            <rptOwnerState>P7</rptOwnerState>
            <rptOwnerZipCode>1077 ZX</rptOwnerZipCode>
            <rptOwnerStateDescription>NETHERLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001887811</rptOwnerCik>
            <rptOwnerName>Vavilovs Valerijis</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>STRAWINSKYLAAN 3051</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>AMSTERDAM</rptOwnerCity>
            <rptOwnerState>P7</rptOwnerState>
            <rptOwnerZipCode>1077 ZX</rptOwnerZipCode>
            <rptOwnerStateDescription>NETHERLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001887872</rptOwnerCik>
            <rptOwnerName>Bitfury Group Ltd</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6TH FLOOR ONE LONDON WALL</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LONDON</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>EC2Y 5EB</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-06-24</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>443830</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.33</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>112410700</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-06-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>454073</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.26</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>111956627</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-06-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>466915</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.30</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>111489712</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The price reported in Column 4 represents a weighted average sales price of $4.3293. These shares were sold in multiple transactions at prices ranging from $4.2659 to $4.3989, 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.</footnote>
        <footnote id="F2">The price reported in Column 4 represents a weighted average sales price of $4.2635. These shares were sold in multiple transactions at prices ranging from $4.21 to $4.38, inclusive.</footnote>
        <footnote id="F3">The price reported in Column 4 represents a weighted average sales price of $4.2986. These shares were sold in multiple transactions at prices ranging from $4.20 to $4.45, inclusive.</footnote>
        <footnote id="F4">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 1.9 million additional shares from the share reserve, subject to market conditions and other matters, as previously reported.</footnote>
        <footnote id="F5">Bitfury Holding B.V. is the record holder of 4,821,560 shares of Common Stock. Bitfury Top HoldCo B.V. (&quot;Bitfury Top HoldCo&quot;) is the record holder of 56,353,668 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 (&quot;V3&quot;) 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 (&quot;BGL&quot;). BGL is the sole owner of Bitfury Top HoldCo. [Continued]</footnote>
        <footnote id="F6">[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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Stijn Ehren, Managing Director of Bitfury Top HoldCo B.V., By: /s/ Stijn Ehren</signatureName>
        <signatureDate>2024-06-26</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Stijn Ehren, Managing Director of Bitfury Holding B.V., By: /s/ Stijn Ehren</signatureName>
        <signatureDate>2024-06-26</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Valerijs Vavilovs, Director of Bitfury Group Limited, By: /s/ Valerijs Vavilovs</signatureName>
        <signatureDate>2024-06-26</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Valerijs Vavilovs, Director of V3 Holding Limited, By: /s/ Valerijs Vavilovs</signatureName>
        <signatureDate>2024-06-26</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Valerijs Vavilovs, By: /s/ Valerijs Vavilovs</signatureName>
        <signatureDate>2024-06-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
