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SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-V3 Holding Limited(35.7%),Valerijs Vavilovs(35.7%), etc.

SEC ·  Jun 29 05:07
Summary by Futu AI
Cipher Mining Inc. reported a significant transaction in a filing with the U.S. Securities and Exchange Commission (SEC). The filing, an amendment to Schedule 13D, indicates that Bitfury Group and associated entities have sold a substantial number of Cipher Mining shares. The sales occurred between June 14, 2024, and June 28, 2024, with Bitfury TopHoldCo selling an aggregate of 4,275,378 shares of common stock in the open market. As of June 28, 2024, Bitfury Group has sold approximately 8.3 million shares from the share reserve established for Bitfury Beneficiaries. The filing details the shared voting and dispositive power over the shares held by Bitfury Holding B.V., Bitfury Top HoldCo B.V., Bitfury Group Limited, V3 Holding Limited, and Valerijs Vavilovs, with V3 Holding Limited and Valerijs Vavilovs each holding a 35.7% stake in Cipher Mining. The transactions were executed over several days with varying share prices. The filing was completed as required by the SEC and includes a joint filing agreement dated June 28, 2024.
Cipher Mining Inc. reported a significant transaction in a filing with the U.S. Securities and Exchange Commission (SEC). The filing, an amendment to Schedule 13D, indicates that Bitfury Group and associated entities have sold a substantial number of Cipher Mining shares. The sales occurred between June 14, 2024, and June 28, 2024, with Bitfury TopHoldCo selling an aggregate of 4,275,378 shares of common stock in the open market. As of June 28, 2024, Bitfury Group has sold approximately 8.3 million shares from the share reserve established for Bitfury Beneficiaries. The filing details the shared voting and dispositive power over the shares held by Bitfury Holding B.V., Bitfury Top HoldCo B.V., Bitfury Group Limited, V3 Holding Limited, and Valerijs Vavilovs, with V3 Holding Limited and Valerijs Vavilovs each holding a 35.7% stake in Cipher Mining. The transactions were executed over several days with varying share prices. The filing was completed as required by the SEC and includes a joint filing agreement dated June 28, 2024.

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