SCHEDULE 13G: BlackRock Discloses 6.5% Stake in Cipher Mining Inc.

BlackRock, Inc. has reported a beneficial ownership of 6.5% of Cipher Mining Inc.'s common stock as of June 30, 2025.

Summary

• BlackRock, Inc. beneficially owns 21,890,510 shares of Cipher Mining Inc. common stock.
• This ownership represents 6.5% of the total outstanding common stock of Cipher Mining Inc.
• BlackRock, Inc. holds sole voting power over 21,235,859 shares.
• BlackRock, Inc. holds sole dispositive power over 21,890,510 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership by an institutional investor, containing no explicit positive or negative statements regarding the issuer's performance or outlook. The sentiment is neutral.

Future Outlook

NA

Industry Context

This filing indicates a significant passive investment by a major institutional asset manager, BlackRock, in Cipher Mining Inc., a company likely involved in the cryptocurrency mining sector. Such disclosures are routine for large asset managers holding over 5% of a company's shares and typically reflect portfolio management decisions rather than strategic corporate actions.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by a major institutional investor like BlackRock may be viewed positively by other shareholders, potentially signaling confidence in the company, although the filing explicitly states the investment is passive and for ordinary course of business.

Key Dates

Keywords

BlackRock, Cipher Mining Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment