SCHEDULE 13G/A: BlackRock Discloses 5.0% Stake in Cipher Mining Inc. Through Amended SEC Filing
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 5.0% beneficial ownership stake in Cipher Mining Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 18,041,239 shares of Cipher Mining Inc. common stock.
- This aggregate amount represents 5.0% of the class of securities.
- BlackRock holds sole voting power over 17,735,313 shares.
- BlackRock holds sole dispositive power over 18,041,239 shares.
- No shared voting or dispositive power was reported.
- The filing was made by BlackRock, Inc. as a parent holding company and control person.
- Various BlackRock subsidiaries, including BlackRock (Netherlands) B.V., BlackRock Advisors, LLC, and BlackRock Investment Management (UK) Limited, are involved in the beneficial ownership, with at least one entity owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without explicit positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- The filing indicates that BlackRock, a major institutional investor, maintains a significant 5.0% stake in Cipher Mining Inc., demonstrating continued institutional interest in the company.
Future Outlook
NA
Industry Context
This Schedule 13G filing is a standard regulatory disclosure required when an institutional investor's beneficial ownership in a public company reaches or crosses certain thresholds (typically 5%). It provides transparency regarding significant ownership stakes held by large asset managers like BlackRock, which is a common practice in the investment management industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and investor confidence.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney date, which was expressly revoked. |
| 2025-01-21 | Effective date of the new Power of Attorney. |
| 2025-03-31 | Date of event which requires the filing of this statement. |
| 2025-04-22 | Date of filing (Signature Date) of the Schedule 13G Amendment No. 1. |
Keywords
BlackRock, Cipher Mining Inc., Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Institutional Investor, Ownership Disclosure
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