{"transactions":[{"id":4637007,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":3,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":4,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2026-10-07T20:13:10.000Z","date":"2026-10-05","kind":"other","planned":false,"acquired":false,"shares":1840000,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See footnotes"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On October 5, 2026,  Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 14, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million as of the date of entering into the Forward Contract. Bitfury Top HoldCo pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"[Cont.] Bitfury Top HoldCo retained economic and voting rights in the Pledged Shares during the term of the pledge. On October 2, 2026, the Settlement Price was $15.87. Accordingly, Bitfury Top HoldCo transferred to the Dealer 1,840,000 shares."},{"field":"kind","element":"transactionCoding","label":"F1","text":"On October 5, 2026,  Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 14, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million as of the date of entering into the Forward Contract. Bitfury Top HoldCo pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] Bitfury Top HoldCo retained economic and voting rights in the Pledged Shares during the term of the pledge. On October 2, 2026, the Settlement Price was $15.87. Accordingly, Bitfury Top HoldCo transferred to the Dealer 1,840,000 shares."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On October 5, 2026,  Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 14, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million as of the date of entering into the Forward Contract. Bitfury Top HoldCo pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"[Cont.] Bitfury Top HoldCo retained economic and voting rights in the Pledged Shares during the term of the pledge. On October 2, 2026, the Settlement Price was $15.87. Accordingly, Bitfury Top HoldCo transferred to the Dealer 1,840,000 shares."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On October 5, 2026,  Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 14, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million as of the date of entering into the Forward Contract. Bitfury Top HoldCo pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"[Cont.] Bitfury Top HoldCo retained economic and voting rights in the Pledged Shares during the term of the pledge. On October 2, 2026, the Settlement Price was $15.87. Accordingly, Bitfury Top HoldCo transferred to the Dealer 1,840,000 shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Bitfury Top HoldCo is the record holder of 25,603,382 shares of Common Stock. V3 Holding Limited (\"V3\") is the direct holder of 29,068,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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 and BGL disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein."}],"balance_after":3680000,"derivative":{"underlying":"Common Stock","underlying_shares":1840000},"source":{"system":"sec-edgar","filing":"0001123292-26-001381","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1887872/000112329226001381/form4.xml","form_type":"4"}},{"id":4637006,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":3,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":4,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-10-07T20:13:10.000Z","date":"2026-10-05","kind":"other","planned":false,"acquired":false,"shares":1840000,"ownership":{"direct":false,"nature":"See footnotes"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On October 5, 2026,  Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 14, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million as of the date of entering into the Forward Contract. Bitfury Top HoldCo pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] Bitfury Top HoldCo retained economic and voting rights in the Pledged Shares during the term of the pledge. On October 2, 2026, the Settlement Price was $15.87. Accordingly, Bitfury Top HoldCo transferred to the Dealer 1,840,000 shares."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On October 5, 2026,  Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 14, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million as of the date of entering into the Forward Contract. Bitfury Top HoldCo pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"[Cont.] Bitfury Top HoldCo retained economic and voting rights in the Pledged Shares during the term of the pledge. On October 2, 2026, the Settlement Price was $15.87. Accordingly, Bitfury Top HoldCo transferred to the Dealer 1,840,000 shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Bitfury Top HoldCo is the record holder of 25,603,382 shares of Common Stock. V3 Holding Limited (\"V3\") is the direct holder of 29,068,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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 and BGL disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein."}],"balance_after":54671694,"source":{"system":"sec-edgar","filing":"0001123292-26-001381","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1887872/000112329226001381/form4.xml","form_type":"4"}},{"id":4633006,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2026-10-01T00:16:27.000Z","date":"2026-09-28","kind":"other","planned":false,"acquired":false,"shares":1805000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On September 28, 2026, V3 Holding Limited (\"V3\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 3, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million as of the date of entering into the Forward Contract. V3 pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates are determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"[Cont.] V3 retained economic and voting rights in the Pledged Shares during the term of the pledge. On September 25, 2026, the Settlement Price was $17.83. Accordingly, V3 transferred to the Dealer 1,805,000 shares."},{"field":"kind","element":"transactionCoding","label":"F1","text":"On September 28, 2026, V3 Holding Limited (\"V3\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 3, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million as of the date of entering into the Forward Contract. V3 pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates are determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] V3 retained economic and voting rights in the Pledged Shares during the term of the pledge. On September 25, 2026, the Settlement Price was $17.83. Accordingly, V3 transferred to the Dealer 1,805,000 shares."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On September 28, 2026, V3 Holding Limited (\"V3\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 3, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million as of the date of entering into the Forward Contract. V3 pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates are determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"[Cont.] V3 retained economic and voting rights in the Pledged Shares during the term of the pledge. On September 25, 2026, the Settlement Price was $17.83. Accordingly, V3 transferred to the Dealer 1,805,000 shares."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On September 28, 2026, V3 Holding Limited (\"V3\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 3, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million as of the date of entering into the Forward Contract. V3 pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates are determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"[Cont.] V3 retained economic and voting rights in the Pledged Shares during the term of the pledge. On September 25, 2026, the Settlement Price was $17.83. Accordingly, V3 transferred to the Dealer 1,805,000 shares."}],"balance_after":3610000,"derivative":{"underlying":"Common Stock","underlying_shares":1805000},"source":{"system":"sec-edgar","filing":"0001123292-26-001333","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226001333/form4.xml","form_type":"4"}},{"id":4633005,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-10-01T00:16:27.000Z","date":"2026-09-28","kind":"other","planned":false,"acquired":false,"shares":1805000,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On September 28, 2026, V3 Holding Limited (\"V3\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 3, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million as of the date of entering into the Forward Contract. V3 pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates are determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] V3 retained economic and voting rights in the Pledged Shares during the term of the pledge. On September 25, 2026, the Settlement Price was $17.83. Accordingly, V3 transferred to the Dealer 1,805,000 shares."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On September 28, 2026, V3 Holding Limited (\"V3\") settled the first of three tranches of a variable prepaid forward sale contract (the \"Forward Contract\") that was entered into on November 3, 2025 with an unaffiliated third-party dealer (the \"Dealer\"). The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million as of the date of entering into the Forward Contract. V3 pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates are determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"[Cont.] V3 retained economic and voting rights in the Pledged Shares during the term of the pledge. On September 25, 2026, the Settlement Price was $17.83. Accordingly, V3 transferred to the Dealer 1,805,000 shares."}],"balance_after":56511694,"source":{"system":"sec-edgar","filing":"0001123292-26-001333","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226001333/form4.xml","form_type":"4"}},{"id":746929,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-06-08T20:35:58.000Z","date":"2026-06-04","kind":"sale","planned":false,"acquired":false,"shares":222422,"price":26.1,"value":5805214.2,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $26.0983. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.2929, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Bitfury Holding B.V. is the record holder of 4,821,560 shares of Common Stock. Bitfury Top HoldCo  is the record holder of 22,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":58316694,"source":{"system":"sec-edgar","filing":"0001123292-26-000815","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000815/form4.xml","form_type":"4"}},{"id":746928,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-06-08T20:35:58.000Z","date":"2026-06-04","kind":"sale","planned":false,"acquired":false,"shares":977578,"price":25.35,"value":24781602.3,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $25.3498. These shares were sold by Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") in multiple transactions at prices ranging from $25.00 to $25.9993, inclusive. The reporting persons undertake to provide to Cipher Digital Inc., any security holder of Cipher Digital 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Bitfury Holding B.V. is the record holder of 4,821,560 shares of Common Stock. Bitfury Top HoldCo  is the record holder of 22,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":58539116,"source":{"system":"sec-edgar","filing":"0001123292-26-000815","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000815/form4.xml","form_type":"4"}},{"id":750168,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2026-06-04T21:16:35.000Z","date":"2026-06-02","kind":"other","planned":false,"acquired":true,"shares":2000000,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"On June 2, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,000,000 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 500,000 shares of Common Stock in each of four tranches within one business day after each of the four maturity dates of the Bitfury Forward Contract (May 14, 2027, May 21, 2027, May 28, 2027 and June 4, 2027)), for an aggregate amount of up to 2,000,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $41.9 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 2,000,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the four maturity dates is to be determined as follows: (a) if the daily volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $24.8655 (the \"Floor Price\"), the reporting person will deliver to the Dealer 500,000 shares; (b) if the Settlement Price is between the Floor Price and $37.2982 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $12.4 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 500,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $6.2 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"kind","element":"transactionCoding","label":"F6","text":"On June 2, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,000,000 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 500,000 shares of Common Stock in each of four tranches within one business day after each of the four maturity dates of the Bitfury Forward Contract (May 14, 2027, May 21, 2027, May 28, 2027 and June 4, 2027)), for an aggregate amount of up to 2,000,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $41.9 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 2,000,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F7","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the four maturity dates is to be determined as follows: (a) if the daily volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $24.8655 (the \"Floor Price\"), the reporting person will deliver to the Dealer 500,000 shares; (b) if the Settlement Price is between the Floor Price and $37.2982 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $12.4 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 500,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $6.2 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F8","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"On June 2, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,000,000 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 500,000 shares of Common Stock in each of four tranches within one business day after each of the four maturity dates of the Bitfury Forward Contract (May 14, 2027, May 21, 2027, May 28, 2027 and June 4, 2027)), for an aggregate amount of up to 2,000,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $41.9 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 2,000,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the four maturity dates is to be determined as follows: (a) if the daily volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $24.8655 (the \"Floor Price\"), the reporting person will deliver to the Dealer 500,000 shares; (b) if the Settlement Price is between the Floor Price and $37.2982 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $12.4 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 500,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $6.2 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"On June 2, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,000,000 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 500,000 shares of Common Stock in each of four tranches within one business day after each of the four maturity dates of the Bitfury Forward Contract (May 14, 2027, May 21, 2027, May 28, 2027 and June 4, 2027)), for an aggregate amount of up to 2,000,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $41.9 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 2,000,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the four maturity dates is to be determined as follows: (a) if the daily volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $24.8655 (the \"Floor Price\"), the reporting person will deliver to the Dealer 500,000 shares; (b) if the Settlement Price is between the Floor Price and $37.2982 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $12.4 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 500,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $6.2 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F8","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F6","text":"On June 2, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,000,000 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 500,000 shares of Common Stock in each of four tranches within one business day after each of the four maturity dates of the Bitfury Forward Contract (May 14, 2027, May 21, 2027, May 28, 2027 and June 4, 2027)), for an aggregate amount of up to 2,000,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $41.9 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 2,000,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F7","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the four maturity dates is to be determined as follows: (a) if the daily volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $24.8655 (the \"Floor Price\"), the reporting person will deliver to the Dealer 500,000 shares; (b) if the Settlement Price is between the Floor Price and $37.2982 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $12.4 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 500,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $6.2 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F8","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 23,821,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":2000000,"derivative":{"underlying":"Common Stock","underlying_shares":2000000},"source":{"system":"sec-edgar","filing":"0001123292-26-000807","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000807/form4.xml","form_type":"4"}},{"id":750167,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-06-04T21:16:35.000Z","date":"2026-06-03","kind":"sale","planned":false,"acquired":false,"shares":28840,"price":28.1,"value":810404.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $28.09. These shares were sold in multiple transactions at prices ranging from $27.8226 to $28.2501, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 23,821,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":59516694,"source":{"system":"sec-edgar","filing":"0001123292-26-000807","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000807/form4.xml","form_type":"4"}},{"id":750166,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-06-04T21:16:35.000Z","date":"2026-06-03","kind":"sale","planned":false,"acquired":false,"shares":624715,"price":27.17,"value":16973506.55,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $27.1708. These shares were sold in multiple transactions at prices ranging from $26.82 to $27.816, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 23,821,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":59545534,"source":{"system":"sec-edgar","filing":"0001123292-26-000807","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000807/form4.xml","form_type":"4"}},{"id":750165,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-06-04T21:16:35.000Z","date":"2026-06-03","kind":"sale","planned":false,"acquired":false,"shares":1146445,"price":26.28,"value":30128574.6,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $26.2779. These shares were sold in multiple transactions at prices ranging from $25.8199 to $26.8196, inclusive. The reporting persons undertake to provide to Cipher Digital Inc., any security holder of Cipher Digital 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 ranges set forth in footnotes 1 through 3 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 23,821,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":60170249,"source":{"system":"sec-edgar","filing":"0001123292-26-000807","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000807/form4.xml","form_type":"4"}},{"id":775826,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2026-05-18T12:38:30.000Z","date":"2026-05-15","kind":"other","planned":false,"acquired":true,"shares":4433735,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"On May 15, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with the Dealer covering a maximum of 4,433,735 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 738,956 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Bitfury Forward Contract (June 24, 2027, July 1, 2027, July 8, 2027, July 15, 2027,July 22, 2027 and July 29, 2027)), for an aggregate amount of up to 4,433,735 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $81.2 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 4,433,735 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.8071 (the \"Floor Price\"), the reporting person will deliver to the Dealer 738,956 shares; (b) if the Settlement Price is between the Floor Price and $32.7107 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $21.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 738,956 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.9 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"kind","element":"transactionCoding","label":"F5","text":"On May 15, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with the Dealer covering a maximum of 4,433,735 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 738,956 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Bitfury Forward Contract (June 24, 2027, July 1, 2027, July 8, 2027, July 15, 2027,July 22, 2027 and July 29, 2027)), for an aggregate amount of up to 4,433,735 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $81.2 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 4,433,735 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F6","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.8071 (the \"Floor Price\"), the reporting person will deliver to the Dealer 738,956 shares; (b) if the Settlement Price is between the Floor Price and $32.7107 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $21.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 738,956 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.9 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F7","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"On May 15, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with the Dealer covering a maximum of 4,433,735 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 738,956 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Bitfury Forward Contract (June 24, 2027, July 1, 2027, July 8, 2027, July 15, 2027,July 22, 2027 and July 29, 2027)), for an aggregate amount of up to 4,433,735 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $81.2 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 4,433,735 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.8071 (the \"Floor Price\"), the reporting person will deliver to the Dealer 738,956 shares; (b) if the Settlement Price is between the Floor Price and $32.7107 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $21.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 738,956 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.9 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"On May 15, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with the Dealer covering a maximum of 4,433,735 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 738,956 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Bitfury Forward Contract (June 24, 2027, July 1, 2027, July 8, 2027, July 15, 2027,July 22, 2027 and July 29, 2027)), for an aggregate amount of up to 4,433,735 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $81.2 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 4,433,735 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.8071 (the \"Floor Price\"), the reporting person will deliver to the Dealer 738,956 shares; (b) if the Settlement Price is between the Floor Price and $32.7107 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $21.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 738,956 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.9 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"On May 15, 2026, Bitfury Top HoldCo entered into a variable prepaid forward sale contract (the \"Bitfury Forward Contract\") with the Dealer covering a maximum of 4,433,735 shares of Common Stock. The Bitfury Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 738,956 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Bitfury Forward Contract (June 24, 2027, July 1, 2027, July 8, 2027, July 15, 2027,July 22, 2027 and July 29, 2027)), for an aggregate amount of up to 4,433,735 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $81.2 million in connection with the entry into the Bitfury Forward Contract. The reporting person pledged 4,433,735 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Bitfury Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F6","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.8071 (the \"Floor Price\"), the reporting person will deliver to the Dealer 738,956 shares; (b) if the Settlement Price is between the Floor Price and $32.7107 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $21.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 738,956 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.9 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F7","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Bitfury Group Limited (\"BGL\") is the sole owner of Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\"), and V3 Holding Limited (\"V3\") is the majority owner of BGL. Valerijs Vavilovs is the sole owner of V3. As a result of the foregoing relationships, each of Mr. Vavilovs, V3 and BGL may be deemed to share beneficial ownership of the securities 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."}],"balance_after":4433735,"derivative":{"underlying":"Common Stock","underlying_shares":4433735},"source":{"system":"sec-edgar","filing":"0001123292-26-000679","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000679/form4.xml","form_type":"4"}},{"id":775825,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2026-05-18T12:38:30.000Z","date":"2026-05-13","kind":"other","planned":false,"acquired":true,"shares":2812863,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On May 13, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,812,863 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 468,811 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 8, 2027, April 22, 2027, May 6, 2027, May 20, 2027, June 3, 2027 and June 17, 2027), for an aggregate amount of up to 2,812,863 shares. In exchange for assuming this obligation, V3 received a cash payment of $50.0 million in connection with the entry into the Forward Contract. The reporting person pledged 2,812,863 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.1613 (the \"Floor Price\"), the reporting person will deliver to the Dealer 468,811 shares; (b) if the Settlement Price is between the Floor Price and $31.7420 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $9.9 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 468,811 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $4.9 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"kind","element":"transactionCoding","label":"F1","text":"On May 13, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,812,863 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 468,811 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 8, 2027, April 22, 2027, May 6, 2027, May 20, 2027, June 3, 2027 and June 17, 2027), for an aggregate amount of up to 2,812,863 shares. In exchange for assuming this obligation, V3 received a cash payment of $50.0 million in connection with the entry into the Forward Contract. The reporting person pledged 2,812,863 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.1613 (the \"Floor Price\"), the reporting person will deliver to the Dealer 468,811 shares; (b) if the Settlement Price is between the Floor Price and $31.7420 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $9.9 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 468,811 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $4.9 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On May 13, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,812,863 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 468,811 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 8, 2027, April 22, 2027, May 6, 2027, May 20, 2027, June 3, 2027 and June 17, 2027), for an aggregate amount of up to 2,812,863 shares. In exchange for assuming this obligation, V3 received a cash payment of $50.0 million in connection with the entry into the Forward Contract. The reporting person pledged 2,812,863 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.1613 (the \"Floor Price\"), the reporting person will deliver to the Dealer 468,811 shares; (b) if the Settlement Price is between the Floor Price and $31.7420 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $9.9 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 468,811 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $4.9 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On May 13, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,812,863 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 468,811 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 8, 2027, April 22, 2027, May 6, 2027, May 20, 2027, June 3, 2027 and June 17, 2027), for an aggregate amount of up to 2,812,863 shares. In exchange for assuming this obligation, V3 received a cash payment of $50.0 million in connection with the entry into the Forward Contract. The reporting person pledged 2,812,863 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.1613 (the \"Floor Price\"), the reporting person will deliver to the Dealer 468,811 shares; (b) if the Settlement Price is between the Floor Price and $31.7420 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $9.9 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 468,811 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $4.9 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On May 13, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 2,812,863 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 468,811 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 8, 2027, April 22, 2027, May 6, 2027, May 20, 2027, June 3, 2027 and June 17, 2027), for an aggregate amount of up to 2,812,863 shares. In exchange for assuming this obligation, V3 received a cash payment of $50.0 million in connection with the entry into the Forward Contract. The reporting person pledged 2,812,863 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.1613 (the \"Floor Price\"), the reporting person will deliver to the Dealer 468,811 shares; (b) if the Settlement Price is between the Floor Price and $31.7420 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $9.9 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 468,811 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $4.9 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"Bitfury Group Limited (\"BGL\") is the sole owner of Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\"), and V3 Holding Limited (\"V3\") is the majority owner of BGL. Valerijs Vavilovs is the sole owner of V3. As a result of the foregoing relationships, each of Mr. Vavilovs, V3 and BGL may be deemed to share beneficial ownership of the securities 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."}],"balance_after":2812863,"derivative":{"underlying":"Common Stock","underlying_shares":2812863},"source":{"system":"sec-edgar","filing":"0001123292-26-000679","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000679/form4.xml","form_type":"4"}},{"id":781484,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2026-05-13T20:35:38.000Z","date":"2026-05-11","kind":"other","planned":false,"acquired":true,"shares":5675984,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On May 11, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,675,984 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 945,998 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 1, 2027, April 15, 2027, April 29, 2027, May 13, 2027, May 27, 2027 and June 10, 2027), for an aggregate amount of up to 5,675,984 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,675,984 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4332 (the \"Floor Price\"), the reporting person will deliver to the Dealer 945,998 shares; (b) if the Settlement Price is between the Floor Price and $32.1498 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $20.3 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 945,998 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.1 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"kind","element":"transactionCoding","label":"F1","text":"On May 11, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,675,984 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 945,998 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 1, 2027, April 15, 2027, April 29, 2027, May 13, 2027, May 27, 2027 and June 10, 2027), for an aggregate amount of up to 5,675,984 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,675,984 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4332 (the \"Floor Price\"), the reporting person will deliver to the Dealer 945,998 shares; (b) if the Settlement Price is between the Floor Price and $32.1498 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $20.3 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 945,998 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.1 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On May 11, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,675,984 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 945,998 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 1, 2027, April 15, 2027, April 29, 2027, May 13, 2027, May 27, 2027 and June 10, 2027), for an aggregate amount of up to 5,675,984 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,675,984 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4332 (the \"Floor Price\"), the reporting person will deliver to the Dealer 945,998 shares; (b) if the Settlement Price is between the Floor Price and $32.1498 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $20.3 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 945,998 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.1 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On May 11, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,675,984 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 945,998 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 1, 2027, April 15, 2027, April 29, 2027, May 13, 2027, May 27, 2027 and June 10, 2027), for an aggregate amount of up to 5,675,984 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,675,984 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4332 (the \"Floor Price\"), the reporting person will deliver to the Dealer 945,998 shares; (b) if the Settlement Price is between the Floor Price and $32.1498 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $20.3 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 945,998 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.1 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On May 11, 2026, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,675,984 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 945,998 shares of Common Stock in each of six tranches within one business day after each of the six maturity dates of the Forward Contract (April 1, 2027, April 15, 2027, April 29, 2027, May 13, 2027, May 27, 2027 and June 10, 2027), for an aggregate amount of up to 5,675,984 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,675,984 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the six maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4332 (the \"Floor Price\"), the reporting person will deliver to the Dealer 945,998 shares; (b) if the Settlement Price is between the Floor Price and $32.1498 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $20.3 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 945,998 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $10.1 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"Valerijs Vavilovs is the sole owner of V3. As a result,  Mr. Vavilovs may be deemed to have beneficial ownership of the Common Stock owned by V3."}],"balance_after":5675984,"derivative":{"underlying":"Common Stock","underlying_shares":5675984},"source":{"system":"sec-edgar","filing":"0001123292-26-000663","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329226000663/form4.xml","form_type":"4"}},{"id":996811,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2025-11-18T22:31:17.000Z","date":"2025-11-14","kind":"other","planned":false,"acquired":true,"shares":5520000,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On November 14, 2025, Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,520,000 shares of Common Stock. The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million in connection with the entry into the Forward Contract. The reporting person pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"kind","element":"transactionCoding","label":"F1","text":"On November 14, 2025, Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,520,000 shares of Common Stock. The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million in connection with the entry into the Forward Contract. The reporting person pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On November 14, 2025, Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,520,000 shares of Common Stock. The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million in connection with the entry into the Forward Contract. The reporting person pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On November 14, 2025, Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,520,000 shares of Common Stock. The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million in connection with the entry into the Forward Contract. The reporting person pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On November 14, 2025, Bitfury Top HoldCo B.V. (\"Bitfury Top HoldCo\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,520,000 shares of Common Stock. The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million in connection with the entry into the Forward Contract. The reporting person pledged 5,520,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4439 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"[Cont.] Bitfury Top HoldCo will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Bitfury Group Limited (\"BGL\") is the sole owner of Bitfury Top HoldCo, and V3 Holding Limited (\"V3\") is the majority owner of BGL. Valerijs Vavilovs is the sole owner of V3. As a result of the foregoing relationships, each of Mr. Vavilovs, V3 and BGL may be deemed to share beneficial ownership of the securities 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."}],"balance_after":5520000,"derivative":{"underlying":"Common Stock","underlying_shares":5520000},"source":{"system":"sec-edgar","filing":"0001123292-25-000659","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000659/form4.xml","form_type":"4"}},{"id":1007355,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Forward sale contract (obligation to sell)","published_at":"2025-11-05T22:08:29.000Z","date":"2025-11-03","kind":"other","planned":false,"acquired":true,"shares":5415000,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On November 3, 2025, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,415,000 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows:(a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"kind","element":"transactionCoding","label":"F1","text":"On November 3, 2025, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,415,000 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows:(a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"kind","element":"transactionCoding","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On November 3, 2025, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,415,000 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows:(a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On November 3, 2025, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,415,000 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows:(a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On November 3, 2025, V3 Holding Limited (\"V3\") entered into a variable prepaid forward sale contract (the \"Forward Contract\") with an unaffiliated third-party dealer (the \"Dealer\") covering a maximum of 5,415,000 shares of Common Stock. The Forward Contract obligates V3 to deliver to the Dealer up to 1,805,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (September 25, 2026, October 23, 2026 and November 30, 2026), for an aggregate amount of up to 5,415,000 shares. In exchange for assuming this obligation, V3 received a cash payment of $100.0 million in connection with the entry into the Forward Contract. The reporting person pledged 5,415,000 shares of Common Stock (the \"Pledged Shares\") to secure its obligations under the Forward Contract. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows:(a) if the closing price of Common Stock during the trading day immediately preceding the maturity date (the \"Settlement Price\") is less than or equal to $21.4881 (the \"Floor Price\"), the reporting person will deliver to the Dealer 1,805,000 shares; (b) if the Settlement Price is between the Floor Price and $32.2322 (the \"Cap Price\"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $38.8 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,805,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $19.4 million. [Continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"[Cont.] V3 will retain economic and voting rights in the Pledged Shares during the term of the pledge (so long as no event of default or similar event occurs under the Forward Contract or the related pledge agreement)."}],"balance_after":5415000,"derivative":{"underlying":"Common Stock","underlying_shares":5415000},"source":{"system":"sec-edgar","filing":"0001123292-25-000611","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000611/form4.xml","form_type":"4"}},{"id":1017860,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-10-16T22:18:36.000Z","date":"2025-10-16","kind":"sale","planned":false,"acquired":false,"shares":19785,"price":21.12,"value":417859.2,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F7","text":"The price reported in Column 4 represents a weighted average sales price of $21.1167. These shares were sold in multiple transactions at prices ranging from $21.02 to $21.14, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 25,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":61316694,"source":{"system":"sec-edgar","filing":"0001123292-25-000561","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000561/form4.xml","form_type":"4"}},{"id":1017859,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-10-16T22:18:36.000Z","date":"2025-10-16","kind":"sale","planned":false,"acquired":false,"shares":516058,"price":20.29,"value":10470816.82,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"The price reported in Column 4 represents a weighted average sales price of $20.2901. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.99, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 25,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":61336479,"source":{"system":"sec-edgar","filing":"0001123292-25-000561","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000561/form4.xml","form_type":"4"}},{"id":1017858,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-10-16T22:18:36.000Z","date":"2025-10-15","kind":"sale","planned":false,"acquired":false,"shares":164327,"price":21.83,"value":3587258.41,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 represents a weighted average sales price of $21.8261. These shares were sold in multiple transactions at prices ranging from $21.76 to $21.99, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 25,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":61852537,"source":{"system":"sec-edgar","filing":"0001123292-25-000561","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000561/form4.xml","form_type":"4"}},{"id":1017857,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-10-16T22:18:36.000Z","date":"2025-10-15","kind":"sale","planned":false,"acquired":false,"shares":1490098,"price":21.2,"value":31590077.6,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $21.1994. These shares were sold in multiple transactions at prices ranging from $20.76 to $21.7598, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 25,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":62016864,"source":{"system":"sec-edgar","filing":"0001123292-25-000561","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000561/form4.xml","form_type":"4"}},{"id":1017856,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-10-16T22:18:36.000Z","date":"2025-10-15","kind":"sale","planned":false,"acquired":false,"shares":513259,"price":20.42,"value":10480748.78,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $20.4197. These shares were sold in multiple transactions at prices ranging from $19.76 to $20.7573, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 25,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":63506962,"source":{"system":"sec-edgar","filing":"0001123292-25-000561","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000561/form4.xml","form_type":"4"}},{"id":1017855,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-10-16T22:18:36.000Z","date":"2025-10-14","kind":"sale","planned":false,"acquired":false,"shares":524429,"price":21.16,"value":11096917.64,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $21.1605. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.48, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 25,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":64020221,"source":{"system":"sec-edgar","filing":"0001123292-25-000561","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000561/form4.xml","form_type":"4"}},{"id":1017854,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-10-16T22:18:36.000Z","date":"2025-10-14","kind":"sale","planned":false,"acquired":false,"shares":1307887,"price":20.63,"value":26981708.81,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $20.6322. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.995, 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 ranges set forth in footnotes 1 through 7 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 25,621,822 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 30,873,312 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":64544650,"source":{"system":"sec-edgar","filing":"0001123292-25-000561","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000561/form4.xml","form_type":"4"}},{"id":1030844,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-30T22:15:00.000Z","date":"2025-09-30","kind":"sale","planned":false,"acquired":false,"shares":2000000,"price":12.39,"value":24780000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 represents a weighted average sales price of $12.3871. These shares were sold in multiple transactions at prices ranging from $12.1405 to $12.76, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 25,621,822 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":65852537,"source":{"system":"sec-edgar","filing":"0001123292-25-000474","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000474/form4.xml","form_type":"4"}},{"id":1030843,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-30T22:15:00.000Z","date":"2025-09-29","kind":"sale","planned":false,"acquired":false,"shares":188420,"price":12.52,"value":2359018.4,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $12.5200. These shares were sold in multiple transactions at prices ranging from $12.405 to $12.67, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 25,621,822 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":67852537,"source":{"system":"sec-edgar","filing":"0001123292-25-000474","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000474/form4.xml","form_type":"4"}},{"id":1030842,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-30T22:15:00.000Z","date":"2025-09-29","kind":"sale","planned":false,"acquired":false,"shares":1811580,"price":12.03,"value":21793307.4,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $12.0326. These shares were sold in multiple transactions at prices ranging from $11.405 to $12.4048, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 25,621,822 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":68040957,"source":{"system":"sec-edgar","filing":"0001123292-25-000474","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000474/form4.xml","form_type":"4"}},{"id":1030841,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-30T22:15:00.000Z","date":"2025-09-26","kind":"sale","planned":false,"acquired":false,"shares":185914,"price":12.2,"value":2268150.8,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $12.1997. These shares were sold in multiple transactions at prices ranging from $12.0146 to $12.35, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 25,621,822 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":69852537,"source":{"system":"sec-edgar","filing":"0001123292-25-000474","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000474/form4.xml","form_type":"4"}},{"id":1030840,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-30T22:15:00.000Z","date":"2025-09-26","kind":"sale","planned":false,"acquired":false,"shares":1399268,"price":11.53,"value":16133560.04,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $11.5259. These shares were sold in multiple transactions at prices ranging from $11.0135 to $12.0134, 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 ranges set forth in footnotes 1 through 5 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 25,621,822 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":70038451,"source":{"system":"sec-edgar","filing":"0001123292-25-000474","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000474/form4.xml","form_type":"4"}},{"id":1032570,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-25T22:07:50.000Z","date":"2025-09-25","kind":"sale","planned":false,"acquired":false,"shares":47114,"price":13.52,"value":636981.28,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F7","text":"The price reported in Column 4 represents a weighted average sales price of $13.5152. These shares were sold in multiple transactions at prices ranging from $13.435 to $13.59, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 31,207,004 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":71437719,"source":{"system":"sec-edgar","filing":"0001123292-25-000469","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000469/form4.xml","form_type":"4"}},{"id":1032569,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-25T22:07:50.000Z","date":"2025-09-25","kind":"sale","planned":false,"acquired":false,"shares":1777894,"price":12.8,"value":22757043.2,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"The price reported in Column 4 represents a weighted average sales price of $12.8019. These shares were sold in multiple transactions at prices ranging from $12.4337 to $13.4324, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 31,207,004 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":71484833,"source":{"system":"sec-edgar","filing":"0001123292-25-000469","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000469/form4.xml","form_type":"4"}},{"id":1032568,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-25T22:07:50.000Z","date":"2025-09-25","kind":"sale","planned":false,"acquired":false,"shares":1679532,"price":11.87,"value":19936044.84,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 represents a weighted average sales price of $11.8674. These shares were sold in multiple transactions at prices ranging from $11.4337 to $12.4336, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 31,207,004 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":73262727,"source":{"system":"sec-edgar","filing":"0001123292-25-000469","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000469/form4.xml","form_type":"4"}},{"id":1032567,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-25T22:07:50.000Z","date":"2025-09-24","kind":"sale","planned":false,"acquired":false,"shares":67309,"price":15.11,"value":1017038.99,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $15.1149. These shares were sold in multiple transactions at prices ranging from $14.88 to $15.52, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 31,207,004 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":74942259,"source":{"system":"sec-edgar","filing":"0001123292-25-000469","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000469/form4.xml","form_type":"4"}},{"id":1032566,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-25T22:07:50.000Z","date":"2025-09-24","kind":"sale","planned":false,"acquired":false,"shares":832691,"price":14.35,"value":11949115.85,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $14.3513. These shares were sold in multiple transactions at prices ranging from $13.88 to $14.87, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 31,207,004 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":75009568,"source":{"system":"sec-edgar","filing":"0001123292-25-000469","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000469/form4.xml","form_type":"4"}},{"id":1032565,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-25T22:07:50.000Z","date":"2025-09-23","kind":"sale","planned":false,"acquired":false,"shares":900,"price":14.71,"value":13239.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $14.7067. These shares were sold in multiple transactions at prices ranging from $14.70 to $14.72, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 31,207,004 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":75842259,"source":{"system":"sec-edgar","filing":"0001123292-25-000469","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000469/form4.xml","form_type":"4"}},{"id":1032564,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-25T22:07:50.000Z","date":"2025-09-23","kind":"sale","planned":false,"acquired":false,"shares":899100,"price":14.01,"value":12596391.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $14.0095. These shares were sold in multiple transactions at prices ranging from $13.4613 to $14.61, 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 ranges set forth in footnotes 1 through 7 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"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 31,207,004 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"[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."}],"balance_after":75843159,"source":{"system":"sec-edgar","filing":"0001123292-25-000469","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000469/form4.xml","form_type":"4"}},{"id":1035068,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-22T21:15:35.000Z","date":"2025-09-22","kind":"sale","planned":false,"acquired":false,"shares":9962,"price":14.15,"value":140962.3,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"The price reported in Column 4 represents a weighted average sales price of $14.1491. These shares were sold in multiple transactions at prices ranging from $14.12 to $14.1939, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"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 36,511,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"[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."}],"balance_after":76742259,"source":{"system":"sec-edgar","filing":"0001123292-25-000458","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000458/form4.xml","form_type":"4"}},{"id":1035067,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-22T21:15:35.000Z","date":"2025-09-22","kind":"sale","planned":false,"acquired":false,"shares":192269,"price":13.71,"value":2636007.99,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 represents a weighted average sales price of $13.7075. These shares were sold in multiple transactions at prices ranging from $13.12 to $14.113, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"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 36,511,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"[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."}],"balance_after":76752221,"source":{"system":"sec-edgar","filing":"0001123292-25-000458","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000458/form4.xml","form_type":"4"}},{"id":1035066,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-22T21:15:35.000Z","date":"2025-09-22","kind":"sale","planned":false,"acquired":false,"shares":697769,"price":12.59,"value":8784911.71,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $12.5879. These shares were sold in multiple transactions at prices ranging from $12.12 to $13.11, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"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 36,511,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"[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."}],"balance_after":76944490,"source":{"system":"sec-edgar","filing":"0001123292-25-000458","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000458/form4.xml","form_type":"4"}},{"id":1035065,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-22T21:15:35.000Z","date":"2025-09-19","kind":"sale","planned":false,"acquired":false,"shares":50801,"price":12.75,"value":647712.75,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $12.7502. These shares were sold in multiple transactions at prices ranging from $12.72 to $12.8167, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"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 36,511,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"[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."}],"balance_after":77642259,"source":{"system":"sec-edgar","filing":"0001123292-25-000458","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000458/form4.xml","form_type":"4"}},{"id":1035064,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-22T21:15:35.000Z","date":"2025-09-19","kind":"sale","planned":false,"acquired":false,"shares":849199,"price":12.35,"value":10487607.65,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $12.3497. These shares were sold in multiple transactions at prices ranging from $11.72 to $12.719, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"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 36,511,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"[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."}],"balance_after":77693060,"source":{"system":"sec-edgar","filing":"0001123292-25-000458","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000458/form4.xml","form_type":"4"}},{"id":1035063,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-22T21:15:35.000Z","date":"2025-09-18","kind":"sale","planned":false,"acquired":false,"shares":900000,"price":11.79,"value":10611000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $11.7859. These shares were sold in multiple transactions at prices ranging from $11.45 to $12.26, 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 ranges set forth in footnotes 1 through 6 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"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 36,511,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"[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."}],"balance_after":78542259,"source":{"system":"sec-edgar","filing":"0001123292-25-000458","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000458/form4.xml","form_type":"4"}},{"id":1038580,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-17T22:11:34.000Z","date":"2025-09-17","kind":"sale","planned":false,"acquired":false,"shares":119103,"price":12.37,"value":1473304.11,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 represents a weighted average sales price of $12.3711. These shares were sold in multiple transactions at prices ranging from $12.21 to $12.6523, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 39,211,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":79442259,"source":{"system":"sec-edgar","filing":"0001123292-25-000447","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000447/form4.xml","form_type":"4"}},{"id":1038579,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-17T22:11:34.000Z","date":"2025-09-17","kind":"sale","planned":false,"acquired":false,"shares":780897,"price":11.68,"value":9120876.96,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $11.6776. These shares were sold in multiple transactions at prices ranging from $11.21 to $12.2093, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 39,211,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":79561362,"source":{"system":"sec-edgar","filing":"0001123292-25-000447","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000447/form4.xml","form_type":"4"}},{"id":1038578,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-17T22:11:34.000Z","date":"2025-09-16","kind":"sale","planned":false,"acquired":false,"shares":174293,"price":11.54,"value":2011341.22,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $11.5412. These shares were sold in multiple transactions at prices ranging from $11.4967 to $11.6344, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 39,211,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":80342259,"source":{"system":"sec-edgar","filing":"0001123292-25-000447","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000447/form4.xml","form_type":"4"}},{"id":1038577,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-17T22:11:34.000Z","date":"2025-09-16","kind":"sale","planned":false,"acquired":false,"shares":725707,"price":11.13,"value":8077118.91,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $11.1343. These shares were sold in multiple transactions at prices ranging from $10.496 to $11.4959, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 39,211,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":80516552,"source":{"system":"sec-edgar","filing":"0001123292-25-000447","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000447/form4.xml","form_type":"4"}},{"id":1038576,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-17T22:11:34.000Z","date":"2025-09-15","kind":"sale","planned":false,"acquired":false,"shares":900000,"price":10.8,"value":9720000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $10.8022. These shares were sold in multiple transactions at prices ranging from $10.5072 to $11.31, 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 ranges set forth in footnotes 1 through 5 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 39,211,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":81242259,"source":{"system":"sec-edgar","filing":"0001123292-25-000447","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000447/form4.xml","form_type":"4"}},{"id":1042192,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-12T21:26:03.000Z","date":"2025-09-12","kind":"sale","planned":false,"acquired":false,"shares":21153,"price":10.9,"value":230567.7,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 represents a weighted average sales price of $10.8980. These shares were sold in multiple transactions at prices ranging from $10.89 to $10.92, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 41,911,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":82142259,"source":{"system":"sec-edgar","filing":"0001123292-25-000430","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000430/form4.xml","form_type":"4"}},{"id":1042191,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-12T21:26:03.000Z","date":"2025-09-12","kind":"sale","planned":false,"acquired":false,"shares":878847,"price":10.59,"value":9306989.73,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $10.5872. These shares were sold in multiple transactions at prices ranging from $9.89 to $10.885, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 41,911,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":82163412,"source":{"system":"sec-edgar","filing":"0001123292-25-000430","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000430/form4.xml","form_type":"4"}},{"id":1042190,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-12T21:26:03.000Z","date":"2025-09-11","kind":"sale","planned":false,"acquired":false,"shares":900000,"price":10.26,"value":9234000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $10.2608. These shares were sold in multiple transactions at prices ranging from $9.88 to $10.67, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 41,911,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":83042259,"source":{"system":"sec-edgar","filing":"0001123292-25-000430","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000430/form4.xml","form_type":"4"}},{"id":1042189,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-12T21:26:03.000Z","date":"2025-09-10","kind":"sale","planned":false,"acquired":false,"shares":39280,"price":10.27,"value":403405.6,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $10.2691. These shares were sold in multiple transactions at prices ranging from $10.25 to $10.4073, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 41,911,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":83942259,"source":{"system":"sec-edgar","filing":"0001123292-25-000430","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000430/form4.xml","form_type":"4"}},{"id":1042188,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-12T21:26:03.000Z","date":"2025-09-10","kind":"sale","planned":false,"acquired":false,"shares":860720,"price":9.97,"value":8581378.4,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $9.9729. These shares were sold in multiple transactions at prices ranging from $9.25 to $10.249, 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 ranges set forth in footnotes 1 through 5 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"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 41,911,544 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 35,409,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"[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."}],"balance_after":83981539,"source":{"system":"sec-edgar","filing":"0001123292-25-000430","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000112329225000430/form4.xml","form_type":"4"}},{"id":1044343,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-10T20:35:42.000Z","date":"2025-09-09","kind":"sale","planned":false,"acquired":false,"shares":180163,"price":9.16,"value":1650293.08,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $9.1560. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.33, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 43,711,544 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 36,309,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":84842259,"source":{"system":"sec-edgar","filing":"0001062993-25-015508","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015508/form4.xml","form_type":"4"}},{"id":1044342,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-10T20:35:42.000Z","date":"2025-09-09","kind":"sale","planned":false,"acquired":false,"shares":419837,"price":8.34,"value":3501440.58,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $8.3433. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.9978, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 43,711,544 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 36,309,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":85022422,"source":{"system":"sec-edgar","filing":"0001062993-25-015508","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015508/form4.xml","form_type":"4"}},{"id":1044341,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-10T20:35:42.000Z","date":"2025-09-08","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":7.48,"value":4488000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $7.4788. These shares were sold in multiple transactions at prices ranging from $7.17 to $7.83, 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 ranges set forth in footnotes 1 through 3 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 43,711,544 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 36,309,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":85442259,"source":{"system":"sec-edgar","filing":"0001062993-25-015508","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015508/form4.xml","form_type":"4"}},{"id":1046309,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-08T20:23:13.000Z","date":"2025-09-05","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":7.38,"value":4428000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $7.3799. These shares were sold in multiple transactions at prices ranging from $7.09 to $7.80, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,711,544 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 37,509,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":86042259,"source":{"system":"sec-edgar","filing":"0001062993-25-015391","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015391/form4.xml","form_type":"4"}},{"id":1046308,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-08T20:23:13.000Z","date":"2025-09-04","kind":"sale","planned":false,"acquired":false,"shares":700000,"price":7.6,"value":5320000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $7.5991. These shares were sold in multiple transactions at prices ranging from $7.33 to $8.0408, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,711,544 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 37,509,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":86642259,"source":{"system":"sec-edgar","filing":"0001062993-25-015391","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015391/form4.xml","form_type":"4"}},{"id":1048660,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-04T20:38:05.000Z","date":"2025-09-03","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":8.3,"value":4980000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $8.3014. These shares were sold in multiple transactions at prices ranging from $8.02 to $8.70, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,811,544 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 38,709,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":87342259,"source":{"system":"sec-edgar","filing":"0001062993-25-015330","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015330/form4.xml","form_type":"4"}},{"id":1048659,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-04T20:38:05.000Z","date":"2025-09-02","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":8.13,"value":4878000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $8.1335. These shares were sold in multiple transactions at prices ranging from $7.895 to $8.34, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,811,544 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 38,709,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":87942259,"source":{"system":"sec-edgar","filing":"0001062993-25-015330","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015330/form4.xml","form_type":"4"}},{"id":1051967,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-02T20:28:52.000Z","date":"2025-08-29","kind":"sale","planned":false,"acquired":false,"shares":9196,"price":8.05,"value":74027.8,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $8.0528. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.0923, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 43,811,544 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 39,909,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":88542259,"source":{"system":"sec-edgar","filing":"0001062993-25-015161","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015161/form4.xml","form_type":"4"}},{"id":1051966,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-02T20:28:52.000Z","date":"2025-08-29","kind":"sale","planned":false,"acquired":false,"shares":590804,"price":7.42,"value":4383765.68,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $7.4234. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.9991, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 43,811,544 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 39,909,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":88551455,"source":{"system":"sec-edgar","filing":"0001062993-25-015161","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015161/form4.xml","form_type":"4"}},{"id":1051965,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-09-02T20:28:52.000Z","date":"2025-08-28","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":7.11,"value":4266000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $7.1091. These shares were sold in multiple transactions at prices ranging from $7.0084 to $7.31, 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 ranges set forth in footnotes 1 through 3 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 43,811,544 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 39,909,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":89142259,"source":{"system":"sec-edgar","filing":"0001062993-25-015161","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015161/form4.xml","form_type":"4"}},{"id":1054003,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-08-28T20:19:30.000Z","date":"2025-08-27","kind":"sale","planned":false,"acquired":false,"shares":500000,"price":7.07,"value":3535000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $7.0726. These shares were sold in multiple transactions at prices ranging from $6.9603 to $7.2264, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,811,544 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 41,109,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":89742259,"source":{"system":"sec-edgar","filing":"0001062993-25-015041","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015041/form4.xml","form_type":"4"}},{"id":1054002,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-08-28T20:19:30.000Z","date":"2025-08-26","kind":"sale","planned":false,"acquired":false,"shares":700000,"price":6.81,"value":4767000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.8107. These shares were sold in multiple transactions at prices ranging from $6.4927 to $7.125, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,811,544 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 41,109,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":90242259,"source":{"system":"sec-edgar","filing":"0001062993-25-015041","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325015041/form4.xml","form_type":"4"}},{"id":1078674,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-31T20:30:09.000Z","date":"2025-07-30","kind":"sale","planned":false,"acquired":false,"shares":369984,"price":5.61,"value":2075610.24,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $5.6122. These shares were sold in multiple transactions at prices ranging from $5.50 to $5.85, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 42,209,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":90942259,"source":{"system":"sec-edgar","filing":"0001062993-25-013361","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325013361/form4.xml","form_type":"4"}},{"id":1078673,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-31T20:30:09.000Z","date":"2025-07-29","kind":"sale","planned":false,"acquired":false,"shares":66049,"price":6.06,"value":400256.94,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.0598. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.19, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 42,209,155 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":91312243,"source":{"system":"sec-edgar","filing":"0001062993-25-013361","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325013361/form4.xml","form_type":"4"}},{"id":1080219,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-29T20:53:00.000Z","date":"2025-07-28","kind":"sale","planned":false,"acquired":false,"shares":500000,"price":6.19,"value":3095000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $6.1874. These shares were sold in multiple transactions at prices ranging from $6.08 to $6.63, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 42,645,188 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":91378292,"source":{"system":"sec-edgar","filing":"0001062993-25-013244","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325013244/form4.xml","form_type":"4"}},{"id":1080218,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-29T20:53:00.000Z","date":"2025-07-25","kind":"sale","planned":false,"acquired":false,"shares":500000,"price":6.45,"value":3225000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.4542. These shares were sold in multiple transactions at prices ranging from $6.3128 to $6.5669, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 42,645,188 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":91878292,"source":{"system":"sec-edgar","filing":"0001062993-25-013244","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325013244/form4.xml","form_type":"4"}},{"id":1081581,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-25T21:05:33.000Z","date":"2025-07-24","kind":"sale","planned":false,"acquired":false,"shares":500000,"price":6.68,"value":3340000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $6.6765. These shares were sold in multiple transactions at prices ranging from $6.49 to $6.865, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 43,645,188 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":92378292,"source":{"system":"sec-edgar","filing":"0001062993-25-013163","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325013163/form4.xml","form_type":"4"}},{"id":1081580,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":1,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":2,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-25T21:05:33.000Z","date":"2025-07-23","kind":"sale","planned":false,"acquired":false,"shares":500000,"price":6.55,"value":3275000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.5452. These shares were sold in multiple transactions at prices ranging from $6.286 to $6.76, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 43,645,188 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":92878292,"source":{"system":"sec-edgar","filing":"0001062993-25-013163","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325013163/form4.xml","form_type":"4"}},{"id":1086897,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-16T20:32:10.000Z","date":"2025-07-15","kind":"sale","planned":false,"acquired":false,"shares":289145,"price":6.06,"value":1752218.7,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $6.0622. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.1952, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 44,645,188 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":93378292,"source":{"system":"sec-edgar","filing":"0001062993-25-012916","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012916/form4.xml","form_type":"4"}},{"id":1086896,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-16T20:32:10.000Z","date":"2025-07-14","kind":"sale","planned":false,"acquired":false,"shares":667010,"price":6.11,"value":4075431.1,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.1053. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.3801, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 44,645,188 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":93667437,"source":{"system":"sec-edgar","filing":"0001062993-25-012916","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012916/form4.xml","form_type":"4"}},{"id":1088229,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-14T20:54:07.000Z","date":"2025-07-11","kind":"sale","planned":false,"acquired":false,"shares":432990,"price":6.13,"value":2654228.7,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $6.1262. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.45, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 45,601,343 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":94334447,"source":{"system":"sec-edgar","filing":"0001062993-25-012831","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012831/form4.xml","form_type":"4"}},{"id":1088228,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-14T20:54:07.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":6.27,"value":3762000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.2744. These shares were sold in multiple transactions at prices ranging from $6.05 to $6.5081, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 45,601,343 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":94767437,"source":{"system":"sec-edgar","filing":"0001062993-25-012831","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012831/form4.xml","form_type":"4"}},{"id":1089697,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-10T21:25:40.000Z","date":"2025-07-09","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":6.17,"value":3702000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $6.1749. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.3793, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 46,634,333 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":95367437,"source":{"system":"sec-edgar","filing":"0001062993-25-012712","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012712/form4.xml","form_type":"4"}},{"id":1089696,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-10T21:25:40.000Z","date":"2025-07-08","kind":"sale","planned":false,"acquired":false,"shares":600000,"price":6.08,"value":3648000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.0809. These shares were sold in multiple transactions at prices ranging from $5.8599 to $6.21, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 46,634,333 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":95967437,"source":{"system":"sec-edgar","filing":"0001062993-25-012712","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012712/form4.xml","form_type":"4"}},{"id":1093206,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-03T22:03:55.000Z","date":"2025-07-02","kind":"sale","planned":false,"acquired":false,"shares":500000,"price":5.28,"value":2640000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $5.2839. These shares were sold in multiple transactions at prices ranging from $5.01 to $5.685, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 47,834,333 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":96567437,"source":{"system":"sec-edgar","filing":"0001062993-25-012565","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012565/form4.xml","form_type":"4"}},{"id":1093205,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-07-03T22:03:55.000Z","date":"2025-07-01","kind":"sale","planned":false,"acquired":false,"shares":500000,"price":4.86,"value":2430000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $4.8574. These shares were sold in multiple transactions at prices ranging from $4.56 to $4.9902, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 47,834,333 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":97067437,"source":{"system":"sec-edgar","filing":"0001062993-25-012565","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299325012565/form4.xml","form_type":"4"}},{"id":1325802,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-12-19T21:18:26.000Z","date":"2024-12-17","kind":"sale","planned":false,"acquired":false,"shares":3120,"price":7.55,"value":23556.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 43,911,544 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 48,834,333 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":97567437,"source":{"system":"sec-edgar","filing":"0001062993-24-020909","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324020909/form4.xml","form_type":"4"}},{"id":1327348,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-12-18T21:25:08.000Z","date":"2024-12-17","kind":"sale","planned":false,"acquired":false,"shares":250000,"price":7.42,"value":1855000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $7.417659. These shares were sold in multiple transactions at prices ranging from $7.350232 to $7.50, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 48,837,453 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":97570557,"source":{"system":"sec-edgar","filing":"0001062993-24-020853","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324020853/form4.xml","form_type":"4"}},{"id":1327347,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-12-18T21:25:08.000Z","date":"2024-12-16","kind":"sale","planned":false,"acquired":false,"shares":300000,"price":7.23,"value":2169000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $7.234338. These shares were sold in multiple transactions at prices ranging from $7.123393 to $7.35, 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 ranges set forth in footnotes 1 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 48,837,453 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":97820557,"source":{"system":"sec-edgar","filing":"0001062993-24-020853","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324020853/form4.xml","form_type":"4"}},{"id":1339533,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-12-09T21:36:11.000Z","date":"2024-12-06","kind":"sale","planned":false,"acquired":false,"shares":177031,"price":7.38,"value":1306488.78,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $7.378169. These shares were sold in multiple transactions at prices ranging from $7.354220 to $7.40, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 49,387,453 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":98120557,"source":{"system":"sec-edgar","filing":"0001062993-24-020261","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324020261/form4.xml","form_type":"4"}},{"id":1339532,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijs","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-12-09T21:36:11.000Z","date":"2024-12-05","kind":"sale","planned":false,"acquired":false,"shares":91982,"price":7.23,"value":665029.86,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $7.227269. These shares were sold in multiple transactions at prices ranging from $7.20 to $7.250165, 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 and 2 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"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 43,911,544 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 49,387,453 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"[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."}],"balance_after":98297588,"source":{"system":"sec-edgar","filing":"0001062993-24-020261","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324020261/form4.xml","form_type":"4"}},{"id":1345956,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-12-03T21:29:57.000Z","date":"2024-11-29","kind":"sale","planned":false,"acquired":false,"shares":277618,"price":7.17,"value":1990521.06,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $7.165052. These shares were sold in multiple transactions at prices ranging from $7.05 to $7.25, 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 this footnote."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"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 43,911,544 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 49,656,466 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"[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."}],"balance_after":98389570,"source":{"system":"sec-edgar","filing":"0001062993-24-019948","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324019948/form4.xml","form_type":"4"}},{"id":1355023,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-11-22T21:31:57.000Z","date":"2024-11-21","kind":"sale","planned":false,"acquired":false,"shares":73500,"price":7.02,"value":515970.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $7.020857. These shares were sold in multiple transactions at prices ranging from $7.000146 to $7.05022, 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 this footnote."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 43,911,544 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 49,934,084 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":98667188,"source":{"system":"sec-edgar","filing":"0001062993-24-019573","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324019573/form4.xml","form_type":"4"}},{"id":1355022,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-11-22T21:31:57.000Z","date":"2024-11-20","kind":"sale","planned":false,"acquired":false,"shares":6900,"price":7,"value":48300.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 43,911,544 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 49,934,084 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":98740688,"source":{"system":"sec-edgar","filing":"0001062993-24-019573","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324019573/form4.xml","form_type":"4"}},{"id":1369854,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-11-12T13:36:07.000Z","date":"2024-11-07","kind":"sale","planned":false,"acquired":false,"shares":300000,"price":6.6,"value":1980000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.60. These shares were sold in multiple transactions at prices ranging from $6.50 to $6.70, 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 this footnote."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"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 43,911,544 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 50,014,484 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"[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."}],"balance_after":98747588,"source":{"system":"sec-edgar","filing":"0001062993-24-018817","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324018817/form4.xml","form_type":"4"}},{"id":1380333,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-10-29T21:05:04.000Z","date":"2024-10-28","kind":"sale","planned":false,"acquired":false,"shares":1000000,"price":6.22,"value":6220000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 43,911,544 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":99047588,"source":{"system":"sec-edgar","filing":"0001062993-24-018071","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324018071/form4.xml","form_type":"4"}},{"id":1411389,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-10T23:16:24.000Z","date":"2024-09-10","kind":"sale","planned":false,"acquired":false,"shares":575641,"price":2.96,"value":1703897.36,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 represents a weighted average sales price of $2.9592. These shares were sold in multiple transactions at prices ranging from $2.84 to $3.115, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 44,911,544 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":100047588,"source":{"system":"sec-edgar","filing":"0001062993-24-016438","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016438/form4.xml","form_type":"4"}},{"id":1411388,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-10T23:16:24.000Z","date":"2024-09-10","kind":"sale","planned":false,"acquired":false,"shares":1421663,"price":2.97,"value":4222339.11,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 44,911,544 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":100623229,"source":{"system":"sec-edgar","filing":"0001062993-24-016438","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016438/form4.xml","form_type":"4"}},{"id":1411387,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-10T23:16:24.000Z","date":"2024-09-09","kind":"sale","planned":false,"acquired":false,"shares":479449,"price":2.87,"value":1376018.63,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $2.8669. These shares were sold in multiple transactions at prices ranging from $2.74 to $2.955, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 44,911,544 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":102044892,"source":{"system":"sec-edgar","filing":"0001062993-24-016438","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016438/form4.xml","form_type":"4"}},{"id":1411386,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-10T23:16:24.000Z","date":"2024-09-09","kind":"sale","planned":false,"acquired":false,"shares":1421663,"price":2.87,"value":4080172.81,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 44,911,544 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":102524341,"source":{"system":"sec-edgar","filing":"0001062993-24-016438","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016438/form4.xml","form_type":"4"}},{"id":1411385,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-10T23:16:24.000Z","date":"2024-09-06","kind":"sale","planned":false,"acquired":false,"shares":479449,"price":2.75,"value":1318484.75,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $2.7487. These shares were sold in multiple transactions at prices ranging from $2.655 to $2.97, 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 3 through 5 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 44,911,544 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":103946004,"source":{"system":"sec-edgar","filing":"0001062993-24-016438","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016438/form4.xml","form_type":"4"}},{"id":1411384,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-10T23:16:24.000Z","date":"2024-09-06","kind":"sale","planned":false,"acquired":false,"shares":1421663,"price":2.74,"value":3895356.62,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 44,911,544 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":104425453,"source":{"system":"sec-edgar","filing":"0001062993-24-016438","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016438/form4.xml","form_type":"4"}},{"id":1413125,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-06T20:34:14.000Z","date":"2024-09-05","kind":"sale","planned":false,"acquired":false,"shares":479449,"price":2.93,"value":1404785.57,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 represents a weighted average sales price of $2.9266. These shares were sold in multiple transactions at prices ranging from $2.87 to $3.031, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 50,711,071 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":105847116,"source":{"system":"sec-edgar","filing":"0001062993-24-016263","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016263/form4.xml","form_type":"4"}},{"id":1413124,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-06T20:34:14.000Z","date":"2024-09-05","kind":"sale","planned":false,"acquired":false,"shares":1421663,"price":2.92,"value":4151255.96,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 50,711,071 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":106326565,"source":{"system":"sec-edgar","filing":"0001062993-24-016263","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016263/form4.xml","form_type":"4"}},{"id":1413123,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-06T20:34:14.000Z","date":"2024-09-04","kind":"sale","planned":false,"acquired":false,"shares":479449,"price":3.01,"value":1443141.49,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $3.0072. These shares were sold in multiple transactions at prices ranging from $2.93 to $3.14, 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 3 and 4 of this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 50,711,071 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":107748228,"source":{"system":"sec-edgar","filing":"0001062993-24-016263","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016263/form4.xml","form_type":"4"}},{"id":1413122,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-09-06T20:34:14.000Z","date":"2024-09-04","kind":"sale","planned":false,"acquired":false,"shares":1421663,"price":3.03,"value":4307638.89,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"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 50,711,071 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"[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."}],"balance_after":108227677,"source":{"system":"sec-edgar","filing":"0001062993-24-016263","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324016263/form4.xml","form_type":"4"}},{"id":1450729,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-07-22T20:35:29.000Z","date":"2024-07-19","kind":"sale","planned":false,"acquired":false,"shares":261847,"price":6.17,"value":1615595.99,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 represents a weighted average sales price of $6.1712. These shares were sold in multiple transactions at prices ranging from $5.91 to $6.38, inclusive."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F4","text":"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 have completed the sale of all 9,165,239 shares allocated to the share reserve."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"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 54,513,296 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"[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."}],"balance_after":109649340,"source":{"system":"sec-edgar","filing":"0001062993-24-014015","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324014015/form4.xml","form_type":"4"}},{"id":1450728,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-07-22T20:35:29.000Z","date":"2024-07-18","kind":"sale","planned":false,"acquired":false,"shares":16664,"price":7.01,"value":116814.64,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $7.0099. These shares were sold in multiple transactions at prices ranging from $6.97 to $7.10, inclusive."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"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 54,513,296 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"[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."}],"balance_after":109911187,"source":{"system":"sec-edgar","filing":"0001062993-24-014015","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324014015/form4.xml","form_type":"4"}},{"id":1450727,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-07-22T20:35:29.000Z","date":"2024-07-18","kind":"sale","planned":false,"acquired":false,"shares":592980,"price":6.21,"value":3682405.8,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 represents a weighted average sales price of $6.2117. These shares were sold in multiple transactions at prices ranging from $5.91 to $6.87, 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."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"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 54,513,296 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"[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."}],"balance_after":109927851,"source":{"system":"sec-edgar","filing":"0001062993-24-014015","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324014015/form4.xml","form_type":"4"}},{"id":1466535,"issuer":{"id":3786,"kind":"organization","name":"Cipher Digital Inc.","symbol":"CIFR"},"owners":[{"id":40665,"kind":"organization","name":"Bitfury Top HoldCo B.V.","position":1,"cik":"0001884407","reported_name":"Bitfury Top HoldCo B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40664,"kind":"organization","name":"V3 Holding Ltd","position":2,"cik":"0001887845","reported_name":"V3 Holding Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40666,"kind":"organization","name":"Bitfury Holding B.V.","position":3,"cik":"0001887853","reported_name":"Bitfury Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40667,"kind":"person","name":"Vavilovs Valerijs","position":4,"cik":"0001887811","reported_name":"Vavilovs Valerijis","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":40668,"kind":"organization","name":"Bitfury Group Ltd","position":5,"cik":"0001887872","reported_name":"Bitfury Group Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2024-07-01T23:01:08.000Z","date":"2024-06-28","kind":"sale","planned":false,"acquired":false,"shares":490275,"price":4.12,"value":2019933.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 represents a weighted average sales price of $4.1207. These shares were sold in multiple transactions at prices ranging from $4.0872 to $4.20, inclusive."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"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 0.9 million additional shares from the share reserve, subject to market conditions and other matters, as previously reported."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"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 55,384,787 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]"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"[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."}],"balance_after":110520831,"source":{"system":"sec-edgar","filing":"0001062993-24-013238","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1819989/000106299324013238/form4.xml","form_type":"4"}}],"next_cursor":"2024-07-01T23:01:08.000000Z,1466535"}