Company: CIFRW
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001819989-25-000005
Chunk: 193

Company: Cipher Mining Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1A
Chunk 193
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 by any securities analysts who might cover our stock; 

•proposed changes to laws in the U.S. or foreign jurisdictions relating to our business, or speculation regarding such changes; 

•delays, disruptions or other failures in the supply of cryptocurrency hardware, including chips; 

•conditions or trends in the digital assets industries and, specifically the bitcoin mining space; 

•stock market price and volume fluctuations of comparable companies; 

•fluctuations in prices of bitcoin and other cryptocurrencies; 

•announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures; 

•significant lawsuits or announcements of investigations or regulatory scrutiny of its operations or lawsuits filed against us;

•recruitment or departure of key personnel; 

•investors’ general perception of our business or management; 

•trading volume of our common stock; 

•overall performance of the equity markets; 

•publication of research reports about us or our industry or positive or negative recommendations or withdrawal of research coverage by securities analysts;

•general global, political and economic conditions; and 

•other events or factors, many of which are beyond our control. 

In addition, in the past, stockholders have initiated class action lawsuits against public companies following periods of volatility in the market prices of these companies’ stock. Such litigation, if instituted against us, could cause it to incur substantial costs and divert management’s attention and resources from our business.

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If securities or industry analysts cease publishing research or reports about us, our business or market, or if they change their recommendations regarding our securities adversely, the price and trading volume of our securities could decline. 

The trading market for our securities may be influenced by the research and reports that industry or securities analysts may publish about us, our business, market or competitors. If any of the analysts who cover us change their recommendation regarding our common stock adversely, or provide more favorable relative recommendations about its competitors, the price of our common stock may decline. If any analyst who covers us were to cease coverage of us or fail to regularly publish reports on us, we could lose visibility in the financial markets, which in turn could cause its share price or trading volume to decline. 

Future sales, or the perception of future sales, by our stockholders in the public market could cause the market price for our common stock to decline. 

The sale of shares of our common stock in the public market, or the perception that such sales could occur, could harm the prevailing market price of shares of our common stock. These sales, or