An SEC Form 4 revealed that V3 Holding Ltd, Bitfury Top HoldCo B.V., Bitfury Holding B.V., Bitfury Group Ltd, and Bitfury CEO Valerijs Vavilovs had sold 2,700,000 shares of CIFR common stock between September 15–17.
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The dispositions were executed at volume-weighted average prices from $10.80 to $12.37 per share, yielding approximately $30 million in proceeds.
As of September 2025, CIFR has 375,052,248 shares outstanding. The 2.7 million shares sold in mid-September represent roughly 0.72% of the company’s total share count.
CIFR shares have doubled over the last month as Bitcoin miners with a clear AI data center pivot have soared.
Read More: Cipher mines 241 bitcoin in August, up 12% from July
At time of publication, CIFR is down 3% from yesterday’s close.
