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Nasdaq · USD

CIFR

Cipher Digital Inc.

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3786
SEC CIK
0001819989
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286

Last 12 months

Inside the activity.

0 purchase rows · 29 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202506
Dec 202503
Jan 202601
Feb 202601
Mar 202604
Apr 202600
May 202605
Jun 202607
Jul 202602
Aug 202600
Sep 202600
Oct 202600

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
November 26, 2025 Filed Nov 28, 2025 22:48 UTC SaleCommon Stock 25,000 $19.00 $475,000.00
Disclosure

SEC source: 0001240259-25-000006 · wk-form4_1764370111.xml · nonDerivative · entry 1

GROSSMAN CARY M · CIK 0001240259 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 200,530

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November 26, 2025 Filed Nov 28, 2025 22:47 UTC SaleCommon Stock 15,000 $18.74 $281,100.00
Disclosure

SEC source: 0001887698-25-000004 · wk-form4_1764370059.xml · nonDerivative · entry 1

Evans Holly Morrow · CIK 0001887698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 195,512

F1 · price: The sales were executed in multiple trades at prices ranging from $18.21 to $19.00. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

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November 17, 2025 Filed Nov 19, 2025 21:26 UTC
Kelly Patrick ArthurCo-President and COO
SaleCommon Stock 26,580 $14.20 $377,436.00
Disclosure

SEC source: 0001887616-25-000010 · wk-form4_1763587581.xml · nonDerivative · entry 1

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,187,339

F1 · shares: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.

F2 · price: The sales were executed in multiple trades at prices ranging from $13.60 to $14.88. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

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November 14, 2025 Filed Nov 18, 2025 22:31 UTC OtherForward sale contract (obligation to sell) · Derivative 5,520,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001123292-25-000659 · form4.xml · derivative · entry 1

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,520,000

Underlying: Common Stock · 5,520,000 shares

Expires not disclosed

F1 · derivative.exercise_price: 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]

F2 · derivative.exercise_price: [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]

F3 · derivative.exercise_price: [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).

F1 · kind: 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]

F2 · kind: [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]

F3 · kind: [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).

F1 · price: 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]

F2 · price: [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]

F3 · price: [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).

F1 · derivative.exercise_date: 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]

F2 · derivative.exercise_date: [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]

F3 · derivative.exercise_date: [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).

F1 · derivative.expiration_date: 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]

F2 · derivative.expiration_date: [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]

F3 · derivative.expiration_date: [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).

F4 · ownership.nature: 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.

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November 12, 2025 Filed Nov 14, 2025 23:54 UTC SaleCommon Stock 16,269 $17.39 $282,917.91
Disclosure

SEC source: 0000950103-25-014800 · dp237449_4-evans.xml · nonDerivative · entry 1

Evans Holly Morrow · CIK 0001887698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 210,512

F1 · price: The sales were executed in multiple trades at prices ranging from $17.35 to $17.50. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

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November 12, 2025 Filed Nov 14, 2025 23:53 UTC SaleCommon Stock 18,769 $17.51 $328,645.19
Disclosure

SEC source: 0000950103-25-014799 · dp237450_4-williams.xml · nonDerivative · entry 1

Williams Wesley Hastie · CIK 0001887560 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 208,012

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November 10, 2025 Filed Nov 12, 2025 23:24 UTC
Page TylerDirector · Chief Executive Officer
GiftCommon Stock 238,000 $0.00 $0.00
Disclosure

SEC source: 0001887623-25-000008 · wk-form4_1762989888.xml · nonDerivative · entry 3

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,979,887

F2 · kind: The transaction reported shows the Reporting Person's charitable gift of shares of the Issuer's Common Stock to three recipients.

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November 10, 2025 Filed Nov 12, 2025 23:24 UTC
Page TylerDirector · Chief Executive Officer
Tax withholdingCommon Stock 724,521 $19.65 $14,236,837.65
Disclosure

SEC source: 0001887623-25-000008 · wk-form4_1762989888.xml · nonDerivative · entry 2

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,217,887

Read SEC document
November 09, 2025 Filed Nov 12, 2025 23:24 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionPerformance Stock Units · Derivative 1,419,237 $0.00 $0.00
Disclosure

SEC source: 0001887623-25-000008 · wk-form4_1762989888.xml · derivative · entry 4

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,419,236

Underlying: Common Stock · 1,419,237 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.

F3 · derivative.exercise_date: The PSUs vest, if at all, in three tranches based on the Issuer's achievement of certain market capitalization thresholds. The second tranche of the PSUs vested on November 9, 2025. The PSUs have no expiration date.

F3 · derivative.expiration_date: The PSUs vest, if at all, in three tranches based on the Issuer's achievement of certain market capitalization thresholds. The second tranche of the PSUs vested on November 9, 2025. The PSUs have no expiration date.

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November 09, 2025 Filed Nov 12, 2025 23:24 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionCommon Stock 1,419,237 Not disclosed Not disclosed
Disclosure

SEC source: 0001887623-25-000008 · wk-form4_1762989888.xml · nonDerivative · entry 1

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,942,408

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.

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November 04, 2025 Filed Nov 6, 2025 22:34 UTC
Iwaschuk WilliamCo-President and CLO
SaleCommon Stock 173,094 $22.52 $3,898,076.88
Disclosure

SEC source: 0001887627-25-000007 · wk-form4_1762468456.xml · nonDerivative · entry 1

Iwaschuk William · CIK 0001887627 · Co-President and CLO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,054,488

F1 · shares: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2025.

F2 · price: The sales were executed in multiple trades at prices ranging from $20.12 to $24.39. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

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November 03, 2025 Filed Nov 5, 2025 22:08 UTC OtherForward sale contract (obligation to sell) · Derivative 5,415,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001123292-25-000611 · form4.xml · derivative · entry 1

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,415,000

Underlying: Common Stock · 5,415,000 shares

Expires not disclosed

F1 · derivative.exercise_price: 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]

F2 · derivative.exercise_price: [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]

F3 · derivative.exercise_price: [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).

F1 · kind: 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]

F2 · kind: [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]

F3 · kind: [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).

F1 · price: 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]

F2 · price: [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]

F3 · price: [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).

F1 · derivative.exercise_date: 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]

F2 · derivative.exercise_date: [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]

F3 · derivative.exercise_date: [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).

F1 · derivative.expiration_date: 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]

F2 · derivative.expiration_date: [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]

F3 · derivative.expiration_date: [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).

Read SEC document
October 16, 2025 Filed Oct 16, 2025 22:18 UTC SaleCommon Stock 19,785 $21.12 $417,859.20
Disclosure

SEC source: 0001123292-25-000561 · form4.xml · nonDerivative · entry 7

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 61,316,694

F7 · price: 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.

F8 · ownership.nature: 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]

F9 · ownership.nature: [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.

Read SEC document
October 16, 2025 Filed Oct 16, 2025 22:18 UTC SaleCommon Stock 516,058 $20.29 $10,470,816.82
Disclosure

SEC source: 0001123292-25-000561 · form4.xml · nonDerivative · entry 6

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 61,336,479

F6 · price: 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.

F8 · ownership.nature: 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]

F9 · ownership.nature: [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.

Read SEC document
October 15, 2025 Filed Oct 16, 2025 22:49 UTC
Kelly Patrick ArthurCo-President and COO
SaleCommon Stock 26,581 $21.08 $560,327.48
Disclosure

SEC source: 0001887616-25-000008 · wk-form4_1760654988.xml · nonDerivative · entry 1

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,213,919

F1 · shares: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.

F2 · price: The sales were executed in multiple trades at prices ranging from $19.95 to $21.99. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

Read SEC document
October 15, 2025 Filed Oct 16, 2025 22:18 UTC SaleCommon Stock 164,327 $21.83 $3,587,258.41
Disclosure

SEC source: 0001123292-25-000561 · form4.xml · nonDerivative · entry 5

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 61,852,537

F5 · price: 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.

F8 · ownership.nature: 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]

F9 · ownership.nature: [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.

Read SEC document
October 15, 2025 Filed Oct 16, 2025 22:18 UTC SaleCommon Stock 1,490,098 $21.20 $31,590,077.60
Disclosure

SEC source: 0001123292-25-000561 · form4.xml · nonDerivative · entry 4

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 62,016,864

F4 · price: 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.

F8 · ownership.nature: 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]

F9 · ownership.nature: [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.

Read SEC document
October 15, 2025 Filed Oct 16, 2025 22:18 UTC SaleCommon Stock 513,259 $20.42 $10,480,748.78
Disclosure

SEC source: 0001123292-25-000561 · form4.xml · nonDerivative · entry 3

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 63,506,962

F3 · price: 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.

F8 · ownership.nature: 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]

F9 · ownership.nature: [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.

Read SEC document
October 14, 2025 Filed Oct 16, 2025 22:53 UTC
Mumford Gregory J.D.Chief Financial Officer
GrantRestricted Stock Units · Derivative 375,000 $0.00 $0.00
Disclosure

SEC source: 0002090886-25-000003 · wk-form4_1760655177.xml · derivative · entry 1

Mumford Gregory J.D. · CIK 0002090886 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 375,000

Underlying: Common Stock · 375,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs have no expiration date.

F2 · derivative.exercise_date: The RSUs will vest in equal installments on each of October 14, 2026, October 14, 2027 and October 14, 2028, subject to the Reporting Person's continuous service on the applicable vesting date.

F1 · derivative.expiration_date: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs have no expiration date.

Read SEC document
October 14, 2025 Filed Oct 16, 2025 22:18 UTC SaleCommon Stock 524,429 $21.16 $11,096,917.64
Disclosure

SEC source: 0001123292-25-000561 · form4.xml · nonDerivative · entry 2

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 64,020,221

F2 · price: 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.

F8 · ownership.nature: 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]

F9 · ownership.nature: [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.

Read SEC document
October 14, 2025 Filed Oct 16, 2025 22:18 UTC SaleCommon Stock 1,307,887 $20.63 $26,981,708.81
Disclosure

SEC source: 0001123292-25-000561 · form4.xml · nonDerivative · entry 1

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 64,544,650

F1 · price: 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.

F8 · ownership.nature: 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]

F9 · ownership.nature: [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.

Read SEC document
October 10, 2025 Filed Oct 15, 2025 23:45 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionPerformance Stock Units · Derivative 1,419,237 $0.00 $0.00
Disclosure

SEC source: 0001887623-25-000006 · wk-form4_1760571918.xml · derivative · entry 3

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,838,473

Underlying: Common Stock · 1,419,237 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.

F2 · derivative.exercise_date: The PSUs vest, if at all, in three tranches based on the Issuer's achievement of certain market capitalization thresholds. The first tranche of the PSUs vested on October 10, 2025. The PSUs have no expiration date.

F2 · derivative.expiration_date: The PSUs vest, if at all, in three tranches based on the Issuer's achievement of certain market capitalization thresholds. The first tranche of the PSUs vested on October 10, 2025. The PSUs have no expiration date.

Read SEC document
October 10, 2025 Filed Oct 15, 2025 23:45 UTC
Page TylerDirector · Chief Executive Officer
Tax withholdingCommon Stock 724,521 $16.97 $12,295,121.37
Disclosure

SEC source: 0001887623-25-000006 · wk-form4_1760571918.xml · nonDerivative · entry 2

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,523,171

Read SEC document
October 10, 2025 Filed Oct 15, 2025 23:45 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionCommon Stock 1,419,237 Not disclosed Not disclosed
Disclosure

SEC source: 0001887623-25-000006 · wk-form4_1760571918.xml · nonDerivative · entry 1

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,247,692

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Sep 30, 2025 22:15 UTC SaleCommon Stock 2,000,000 $12.39 $24,780,000.00
Disclosure

SEC source: 0001123292-25-000474 · form4.xml · nonDerivative · entry 5

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 65,852,537

F5 · price: 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.

F6 · ownership.nature: 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]

F7 · ownership.nature: [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.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionRestricted Stock Units · Derivative 113,225 $0.00 $0.00
Disclosure

SEC source: 0001887623-25-000004 · wk-form4_1759445776.xml · derivative · entry 6

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,487,151

Underlying: Common Stock · 113,225 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F3 · derivative.exercise_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

F3 · derivative.expiration_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionRestricted Stock Units · Derivative 166,667 $0.00 $0.00
Disclosure

SEC source: 0001887623-25-000004 · wk-form4_1759445776.xml · derivative · entry 5

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,600,376

Underlying: Common Stock · 166,667 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F2 · derivative.exercise_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

F2 · derivative.expiration_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Page TylerDirector · Chief Executive Officer
Tax withholdingCommon Stock 57,802 $12.59 $727,727.18
Disclosure

SEC source: 0001887623-25-000004 · wk-form4_1759445776.xml · nonDerivative · entry 4

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,828,455

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionCommon Stock 113,225 Not disclosed Not disclosed
Disclosure

SEC source: 0001887623-25-000004 · wk-form4_1759445776.xml · nonDerivative · entry 3

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,886,257

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Page TylerDirector · Chief Executive Officer
Tax withholdingCommon Stock 85,084 $12.59 $1,071,207.56
Disclosure

SEC source: 0001887623-25-000004 · wk-form4_1759445776.xml · nonDerivative · entry 2

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,773,032

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Page TylerDirector · Chief Executive Officer
Exercise / conversionCommon Stock 166,667 Not disclosed Not disclosed
Disclosure

SEC source: 0001887623-25-000004 · wk-form4_1759445776.xml · nonDerivative · entry 1

Page Tyler · CIK 0001887623 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,858,116

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Kelly Patrick ArthurCo-President and COO
Exercise / conversionRestricted Stock Units · Derivative 33,968 $0.00 $0.00
Disclosure

SEC source: 0001887616-25-000006 · wk-form4_1759445769.xml · derivative · entry 6

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,412,811

Underlying: Common Stock · 33,968 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F3 · derivative.exercise_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

F3 · derivative.expiration_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Kelly Patrick ArthurCo-President and COO
Exercise / conversionRestricted Stock Units · Derivative 366,667 $0.00 $0.00
Disclosure

SEC source: 0001887616-25-000006 · wk-form4_1759445769.xml · derivative · entry 5

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,446,779

Underlying: Common Stock · 366,667 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F2 · derivative.exercise_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

F2 · derivative.expiration_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Kelly Patrick ArthurCo-President and COO
Tax withholdingCommon Stock 17,341 $12.59 $218,323.19
Disclosure

SEC source: 0001887616-25-000006 · wk-form4_1759445769.xml · nonDerivative · entry 4

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,240,500

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Kelly Patrick ArthurCo-President and COO
Exercise / conversionCommon Stock 33,968 Not disclosed Not disclosed
Disclosure

SEC source: 0001887616-25-000006 · wk-form4_1759445769.xml · nonDerivative · entry 3

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,257,841

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Kelly Patrick ArthurCo-President and COO
Tax withholdingCommon Stock 187,184 $12.59 $2,356,646.56
Disclosure

SEC source: 0001887616-25-000006 · wk-form4_1759445769.xml · nonDerivative · entry 2

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,223,873

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Kelly Patrick ArthurCo-President and COO
Exercise / conversionCommon Stock 366,667 Not disclosed Not disclosed
Disclosure

SEC source: 0001887616-25-000006 · wk-form4_1759445769.xml · nonDerivative · entry 1

Kelly Patrick Arthur · CIK 0001887616 · Co-President and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,411,057

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:55 UTC
FARRELL EDWARD JChief Financial Officer
Exercise / conversionRestricted Stock Units · Derivative 26,419 $0.00 $0.00
Disclosure

SEC source: 0001270609-25-000005 · wk-form4_1759445751.xml · derivative · entry 6

FARRELL EDWARD J · CIK 0001270609 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,135,891

Underlying: Common Stock · 26,419 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F3 · derivative.exercise_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

F3 · derivative.expiration_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:55 UTC
FARRELL EDWARD JChief Financial Officer
Exercise / conversionRestricted Stock Units · Derivative 366,667 $0.00 $0.00
Disclosure

SEC source: 0001270609-25-000005 · wk-form4_1759445751.xml · derivative · entry 5

FARRELL EDWARD J · CIK 0001270609 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,162,310

Underlying: Common Stock · 366,667 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F2 · derivative.exercise_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

F2 · derivative.expiration_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:55 UTC
FARRELL EDWARD JChief Financial Officer
Tax withholdingCommon Stock 13,487 $12.59 $169,801.33
Disclosure

SEC source: 0001270609-25-000005 · wk-form4_1759445751.xml · nonDerivative · entry 4

FARRELL EDWARD J · CIK 0001270609 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,482,622

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:55 UTC
FARRELL EDWARD JChief Financial Officer
Exercise / conversionCommon Stock 26,419 Not disclosed Not disclosed
Disclosure

SEC source: 0001270609-25-000005 · wk-form4_1759445751.xml · nonDerivative · entry 3

FARRELL EDWARD J · CIK 0001270609 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,496,109

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:55 UTC
FARRELL EDWARD JChief Financial Officer
Tax withholdingCommon Stock 187,184 $12.59 $2,356,646.56
Disclosure

SEC source: 0001270609-25-000005 · wk-form4_1759445751.xml · nonDerivative · entry 2

FARRELL EDWARD J · CIK 0001270609 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,469,690

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:55 UTC
FARRELL EDWARD JChief Financial Officer
Exercise / conversionCommon Stock 366,667 Not disclosed Not disclosed
Disclosure

SEC source: 0001270609-25-000005 · wk-form4_1759445751.xml · nonDerivative · entry 1

FARRELL EDWARD J · CIK 0001270609 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,656,874

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Iwaschuk WilliamCo-President and CLO
Exercise / conversionRestricted Stock Units · Derivative 33,968 $0.00 $0.00
Disclosure

SEC source: 0001887627-25-000005 · wk-form4_1759445763.xml · derivative · entry 6

Iwaschuk William · CIK 0001887627 · Co-President and CLO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,412,811

Underlying: Common Stock · 33,968 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F3 · derivative.exercise_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

F3 · derivative.expiration_date: The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Iwaschuk WilliamCo-President and CLO
Exercise / conversionRestricted Stock Units · Derivative 366,667 $0.00 $0.00
Disclosure

SEC source: 0001887627-25-000005 · wk-form4_1759445763.xml · derivative · entry 5

Iwaschuk William · CIK 0001887627 · Co-President and CLO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,446,779

Underlying: Common Stock · 366,667 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

F2 · derivative.exercise_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

F2 · derivative.expiration_date: The RSUs vest in equal installments on each of September 13, 2023, September 13, 2024 and September 30, 2025, subject to the Reporting Person's continuous service on the applicable vesting date.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Iwaschuk WilliamCo-President and CLO
Tax withholdingCommon Stock 18,785 $12.59 $236,503.15
Disclosure

SEC source: 0001887627-25-000005 · wk-form4_1759445763.xml · nonDerivative · entry 4

Iwaschuk William · CIK 0001887627 · Co-President and CLO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,227,582

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Iwaschuk WilliamCo-President and CLO
Exercise / conversionCommon Stock 33,968 Not disclosed Not disclosed
Disclosure

SEC source: 0001887627-25-000005 · wk-form4_1759445763.xml · nonDerivative · entry 3

Iwaschuk William · CIK 0001887627 · Co-President and CLO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,246,367

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Iwaschuk WilliamCo-President and CLO
Tax withholdingCommon Stock 202,767 $12.59 $2,552,836.53
Disclosure

SEC source: 0001887627-25-000005 · wk-form4_1759445763.xml · nonDerivative · entry 2

Iwaschuk William · CIK 0001887627 · Co-President and CLO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,212,399

Read SEC document
September 30, 2025 Filed Oct 2, 2025 22:56 UTC
Iwaschuk WilliamCo-President and CLO
Exercise / conversionCommon Stock 366,667 Not disclosed Not disclosed
Disclosure

SEC source: 0001887627-25-000005 · wk-form4_1759445763.xml · nonDerivative · entry 1

Iwaschuk William · CIK 0001887627 · Co-President and CLO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,415,166

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

Read SEC document
September 29, 2025 Filed Sep 30, 2025 22:15 UTC SaleCommon Stock 188,420 $12.52 $2,359,018.40
Disclosure

SEC source: 0001123292-25-000474 · form4.xml · nonDerivative · entry 4

V3 Holding Ltd · CIK 0001887845 · 10% owner

Bitfury Top HoldCo B.V. · CIK 0001884407 · 10% owner

Bitfury Holding B.V. · CIK 0001887853 · 10% owner

Vavilovs Valerijs · CIK 0001887811 · 10% owner

Bitfury Group Ltd · CIK 0001887872 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 67,852,537

F4 · price: 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.

F6 · ownership.nature: 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]

F7 · ownership.nature: [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.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.