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 10 to June 12, 2024, Bitfury disposed of a total of 964,630 shares of common stock. The transactions were executed in the open market with prices ranging from $4.07 to $4.58 per share, culminating in a total market value of approximately $4.14 million. Following these sales, Bitfury's indirect beneficial ownership in Cipher Mining stands at 115,145,728 shares. The sales are reported to be in progress, indicating that further transactions may be expected.