Company: CIFRW
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001819989-25-000112
Chunk: 290

Company: Cipher Mining Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part II, Item 4
Chunk 290
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 cash used in investing activities(131,454)(195,147)Cash flows from financing activities Proceeds from treasury stock reissued for PIPE investment50,000 -  Proceeds from the issuance of common stock 118,850 225,181  Offering costs paid for the issuance of common stock (1,453)(3,487) Proceeds from issuance of convertible notes, net of issuance costs1,437,395 -  Purchase of capped call options(82,680)-  Repurchase of common shares to pay employee withholding taxes (7,285)(10,760) Principal payments on loan (25,000)-  Principal payments on financing lease (3,625)(3,625)Net cash provided by financing activities1,486,202 207,309 Net increase (decrease) in cash, cash equivalents, and restricted cash 1,201,242 (46,371)Cash, cash equivalents, and restricted cash, beginning of the period$19,977 $86,105 Cash and cash equivalents, and restricted cash, end of the period$1,221,219 $39,734 

11

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements

CIPHER MINING INC.

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - CONTINUED

(in thousands)

(unaudited)

Nine Months Ended September 30,20252024Supplemental disclosure of non-cash investing and financing activities Issuance of warrant liability  $544,450 $-  Bitcoin transferred for rehypothecated collateral $31,720 $-  Reclassification of deposits on equipment to property and equipment $31,453 $21,502  Bitcon loan payments $26,986 $-  Bitcoin received from equity investees $20,714 $10,487  Bitcon received as a loan $16,551 $-  Initial estimate of asset retirement obligation and related capitalized costs $10,743 $-  Property and equipment purchases in accounts payable and accrued expenses $7,708 $17,422  Sales tax accrual on machines placed in service $2,363 $1,388  Treasury stock reissued for PIPE investment $10 $-  Right-of-use asset obtained in exchange for finance lease liability $- $4,375