Company: CIFRW
Filing Date: 2025-03-03
Form Type: S-3ASR
Source: 0001193125-25-044253
Chunk: 2

Company: Cipher Mining Inc.
Filing Date: 2025-03-03
Form: S-3ASR
Chunk 2
---
 We will bear costs, expenses and fees in connection with the registration of the shares. See the section of this prospectus entitled “Plan of Distribution” for more information. No common stock
may be sold without delivery of this prospectus and the applicable prospectus describing the method and terms of the offering of such common stock.

Our
common stock and public warrants are listed on The Nasdaq Global Select Market (“Nasdaq”) under the symbols “CIFR” and “CIFRW,” respectively. On February 28, 2025, the last reported sales price of our common stock
was $4.08 per share and the last reported sales price of our public warrants was $0.95 per warrant.

INVESTING IN OUR SECURITIES INVOLVES RISKS. SEE THE “RISK FACTORS” ON PAGE 6 OF THIS PROSPECTUS AND ANY SIMILAR SECTION CONTAINED IN THE APPLICABLE PROSPECTUS SUPPLEMENT CONCERNING FACTORS YOU SHOULD CONSIDER BEFORE INVESTING IN OUR SECURITIES.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

The date of this prospectus is March 3, 2025.

TABLE OF CONTENTS

| ABOUT THIS PROSPECTUS                                     |     |  1 |
| WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY     
 REFERENCE                                                 |     |  2 |
| CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS |     |  4 |
| THE COMPANY                                               |     |  5 |
| RISK FACTORS                                              |     |  6 |
| USE OF PROCEEDS                                           |     |  7 |
| DESCRIPTION OF SECURITIES                                 |     |  8 |
| SELLING SECURITYHOLDERS                                   |     | 13 |
| PLAN OF DISTRIBUTION                                      |     | 15 |
| LEGAL MATTERS                                             |     | 17 |
| EXPERTS                                                   |     | 17 |

ABOUT THIS PROSPECTUS

This prospectus is part of a registration statement that we filed with the U.S. Securities and Exchange Commission (the “Commission” or
“SEC”) as a “well-known seasoned issuer” as defined in Rule 405 under the Securities Act of 1933, as amended (the “Securities Act