CIFR - BV HoldCo Top Bitfury Takes Money Off The Table Sells $4.02M In Cipher Mining Stock | Benzinga
On July 1, a recent SEC filing unveiled that BV HoldCo Top Bitfury, 10% Owner at Cipher Mining (NASDAQ:CIFR) made an insider sell.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that Bitfury executed a sale of 968,881 shares of Cipher Mining with a total value of $4,015,720.
The latest market snapshot at Tuesday morning reveals Cipher Mining shares down by 0.0%, trading at $4.72.
Discovering Cipher Mining: A Closer Look
Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin. The company is expanding and strengthening the Bitcoin network's critical infrastructure in the United States.
Financial Insights: Cipher Mining
Revenue Growth: Cipher Mining displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 119.85%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information ...