[144] Cipher Mining Inc. Warrant SEC Filing

Rhea-AI Filing Summary

Cipher Mining Inc. (symbol: CIFRW) has received a Form 144 filing indicating that shareholder V3 Holdings Ltd intends to dispose of additional common shares. The notice covers the proposed sale of 600,000 shares through broker Citigroup Global Markets, Inc. at an aggregate market value of $3,648,550. The transaction is slated for 08 July 2025 on the NASDAQ exchange. According to the filing, Cipher Mining has 371,213,387 shares outstanding, so the planned sale represents roughly 0.16 % of the company’s equity float.

The seller acquired the shares on 11 March 2024 via a dividend distribution from Bitfury. The same shareholder has already executed two sizable open-market disposals during the past week:

• 07 July 2025 – 500,000 shares for $2,641,950
• 01 July 2025 – 500,000 shares for $2,428,700

Combining past and proposed trades, V3 Holdings plans or has completed sales totaling 1.6 million shares (≈ 0.43 % of shares outstanding) for gross proceeds exceeding $8.7 million.

Key considerations for investors

• The filing signals continuing share-sale activity by an affiliate, which could introduce modest supply-side pressure in the near term.
• The percentage of shares involved is small relative to Cipher Mining’s total float, limiting longer-term dilution risk.
• No operational or earnings data are included; the filing is strictly a disclosure of intended stock sales under Rule 144.

Insights

Securities Analyst

TL;DR – Minor affiliate sale (0.16 % float) adds to recent selling; negligible long-term impact but may create short-term overhang.

The Form 144 reveals V3 Holdings’ intent to sell 600 k additional shares after unloading 1 M shares earlier in the week. While the cumulative 1.6 M shares equal only 0.43 % of Cipher Mining’s outstanding equity, the pacing of transactions suggests the holder is systematically exiting or trimming its position. Such supply can cap near-term price momentum, especially in thin-volume sessions, yet the absolute size is insufficient to alter fundamental valuation metrics. Because the shares were received via a dividend from Bitfury, no insider purchase price is disclosed, leaving cost basis and potential tax motivations unclear. Overall, the disclosure is routine and should not materially change the company’s outlook, but traders may watch for temporary price softness as the block is absorbed.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Citigroup Global Markets, Inc. 388 Greenwich Street New York NY 10013	600000	3648550.00	371213387	07/08/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/11/2024	Distribution of dividend from Bitfury	Bitfury			48834333	03/11/2024	distribution dividend

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
V3 Holdings Ltd Serenia Residences Block B Palm Jumeirah Dubai C0 Dubai	Common Stock	07/02/2025	500000	2641950.00
V3 Holdings Ltd Serenia Residences Block B Palm Jumeirah Dubai C0 Dubai	Common Stock	07/01/2025	500000	2428700.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is Form 144 filed by Cipher Mining (CIFRW)?

Form 144 notifies the SEC and the market that an affiliate or insider intends to sell restricted or control shares under Rule 144.

How many Cipher Mining shares are being proposed for sale?

The filing covers 600,000 common shares with an aggregate market value of $3,648,550.

Who is selling the CIFRW shares?

The seller is V3 Holdings Ltd, an affiliated shareholder.

When is the planned sale date for the shares?

The approximate sale date is 08 July 2025.

Which broker will execute the transaction?

The shares will be sold through Citigroup Global Markets, Inc.

How many shares does Cipher Mining have outstanding?

The company has 371,213,387 shares outstanding according to the filing.