Company: CIFRW
Filing Date: 2025-05-23
Form Type: 424B5
Source: 0001193125-25-125868
Chunk: 4

Company: Cipher Mining Inc.
Filing Date: 2025-05-23
Form: 424B5
Chunk 4
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,” “potential” or “continue” or the negative of these terms or other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. The forward-looking statements in this prospectus supplement, the accompanying prospectus and the documents incorporated by reference herein are only predictions and are largely based on our current expectations and projections about future events and trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following:

| • |     | We operate in a rapidly evolving industry and have an evolving business model and strategy, which includes our                 
 increasing focus on diversification into constructing and operating data centers for HPC companies, as well as bitcoin mining. |

| • |     | If we fail to grow our hashrate, we may be unable to compete, and our results of operations could suffer. |

| • |     | The further development and acceptance of digital asset networks and other digital assets, which represent a new                                                                                                               
 and rapidly changing industry, are subject to a variety of factors that are difficult to evaluate. The slowing or stopping of the development or acceptance of digital asset systems may adversely affect an investment in us. |

| • |     | We may face several risks due to disruptions in the digital asset markets, including but not limited to,                                                                                                                   
 financing risk, risk of increased losses or impairments in our investments or other assets, risks of legal proceedings and government investigations, and risks from price declines or price volatility of digital assets. |

| • |     | Any unfavorable global economic, business or political conditions, such as geopolitical tensions, military                                                                                     
 conflicts, acts of terrorism, natural disasters, pandemics, trade restrictions, tariffs, or similar events could adversely affect our business, financial condition and results of operations. |

| • |     | Bitcoin mining activities are energy-intensive, which may restrict the geographic locations of miners and have a                                                                                                                                          
 negative environmental impact. Government regulators may potentially restrict the ability of electricity suppliers to provide electricity to mining operations, such as ours, increase taxes on the purchase of electricity used to mine bitcoin, or even 
 fully or partially ban mining operations.                                                                                                                                                                                                                 |

| • |     | We have concentrated our operations and, thus, are particularly exposed to the performance