---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-017265"
form_type: "8-K"
ticker: "CIFR"
cik: "0001819989"
company_name: "Cipher Digital Inc."
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:43:40.309400+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cipher Mining raises $50M via PIPE investment from SoftBank Group at $4.79 per share

## Summary
- SoftBank (Star Beacon LLC) purchased ~10.44M newly issued shares at $4.79 for ~$50M total.
- Proceeds will support Cipher's HPC data center development business.
- Cipher agreed to not negotiate sale of Barber Lake property with others until Feb 28, 2025.
- Registration rights agreement filed; SoftBank gets demand and piggyback rights.

## SEC filing metadata
- accession: 0001193125-25-017265
- form_type: 8-K
- ticker: CIFR
- cik: 0001819989
- company_name: Cipher Digital Inc.
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819989/000119312525017265/0001193125-25-017265-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819989/000119312525017265/d896808d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-017265
- JSON: https://secwatch.observer/filing/0001193125-25-017265.json
- Plain text: https://secwatch.observer/filing/0001193125-25-017265.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.