Summary by Futu AI
Bitfury Top HoldCo B.V., a significant shareholder in Cipher Mining Inc. [CIFR], has been actively selling shares of the company. Over a span of three days, from June 4 to June 6, 2024, Bitfury disposed of a total of 901,744 shares of common stock. The transactions were executed in the open market with prices ranging from $3.77 to $4.16 per share, culminating in a total market value of approximately $3.56 million. Following these sales, Bitfury's indirect beneficial ownership in Cipher Mining stands at 116,110,358 shares. The sales are reported to be in progress, indicating that further transactions may follow.