Key facts
- This page summarizes V3 Holding Ltd's Form 4 filing for Cipher Digital Inc. (CIFR).
- 2 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 07 Oct 2026, 16:13.
V3 Holding Ltd - 05 Oct 2026 Form 4 Insider Report for Cipher Digital Inc. (CIFR)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- CIFR
- Reported as of
- 05 Oct 2026
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 07 Oct 2026, 16:13:10 UTC
- Prior SEC filing
- 30 Sep 2026
- Source filing
- View source filing
- Reporting owner signature
- Stijn Ehren, Managing Director of Bitfury Top HoldCo B.V., By: /s/ Stijn Ehren
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
V3 Holding Ltd filed Form 4 for Cipher Digital Inc. (CIFR) on 07 Oct 2026.
Change
- Previous filing in this sequence was filed on 30 Sep 2026.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (4)
CIK 0001887845
Primary reporting owner
V3 Holding Ltd
- Relationship
- 10%+ Owner
- Address
- 4TH FL HARBOUR PL, 103 S CHURCH ST, 10240, GRAND CAYMAN, CAYMAN ISLANDS
- Signature
- Stijn Ehren, Managing Director of Bitfury Top HoldCo B.V., By: /s/ Stijn Ehren
- Signature date
- 07 Oct 2026
CIK 0001884407
Bitfury Top HoldCo B.V.
- Relationship
- 10%+ Owner
- Address
- CONCERTGEBOUWPLEIN 15-H, AMSTERDAM, NETHERLANDS
- Signature
- Stijn Ehren, Director of Bitfury Group Limited, By: /s/ Stijn Ehren
- Signature date
- 07 Oct 2026
CIK 0001887811
Vavilovs Valerijs
- Relationship
- 10%+ Owner
- Address
- 2102 CHEDDAR CHEESE TOWER, PO BOX 712650, DUBAI, UNITED ARAB EMIRATES
- Signature
- Stijn Ehren, Director of V3 Holding Limited, By: /s/ Stijn Ehren
- Signature date
- 07 Oct 2026
CIK 0001887872
Bitfury Group Ltd
- Relationship
- 10%+ Owner
- Address
- FIELDFISHER RIVERBANK HOUSE, 2 SWAN LANE, LONDON, UNITED KINGDOM
- Signature
- Valerijs Vavilovs, By: /s/ Valerijs Vavilovs
- Signature date
- 07 Oct 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CIFR
transaction
Common Stock
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -3.3%
- Price
- Shares after
- 54,671,694
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Footnotes
- F1, F2, F3, F4, F5
CIFR
transaction
Common Stock
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -3.3%
- Price
- Shares after
- 54,671,694
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Footnotes
- F1, F2, F3, F4, F5
CIFR
transaction
Common Stock
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -3.3%
- Price
- Shares after
- 54,671,694
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Footnotes
- F1, F2, F3, F4, F5
CIFR
transaction
Common Stock
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -3.3%
- Price
- Shares after
- 54,671,694
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Footnotes
- F1, F2, F3, F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CIFR
transaction
Derivative
Forward sale contract (obligation to sell)
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -33%
- Price
- $0.000000*
- Shares after
- 3,680,000
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Underlying class
- Common Stock
- Underlying amount
- 1,840,000
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5
CIFR
transaction
Derivative
Forward sale contract (obligation to sell)
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -33%
- Price
- $0.000000*
- Shares after
- 3,680,000
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Underlying class
- Common Stock
- Underlying amount
- 1,840,000
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5
CIFR
transaction
Derivative
Forward sale contract (obligation to sell)
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -33%
- Price
- $0.000000*
- Shares after
- 3,680,000
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Underlying class
- Common Stock
- Underlying amount
- 1,840,000
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5
CIFR
transaction
Derivative
Forward sale contract (obligation to sell)
Other
- Transaction value
- Shares
- -1,840,000
- Change %
- -33%
- Price
- $0.000000*
- Shares after
- 3,680,000
- Date
- 05 Oct 2026
- Ownership
- See footnotes
- Underlying class
- Common Stock
- Underlying amount
- 1,840,000
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
On October 5, 2026, Bitfury Top HoldCo B.V. ("Bitfury Top HoldCo") settled the first of three tranches of a variable prepaid forward sale contract (the "Forward Contract") that was entered into on November 14, 2025 with an unaffiliated third-party dealer (the "Dealer"). The Forward Contract obligates Bitfury Top HoldCo to deliver to the Dealer up to 1,840,000 shares of Common Stock in each of three tranches within one business day after each of the three maturity dates of the Forward Contract (October 2, 2026, October 30, 2026 and December 7, 2026), for an aggregate amount of up to 5,520,000 shares. In exchange for assuming this obligation, Bitfury Top HoldCo received a cash payment of $94.6 million as of the date of entering into the Forward Contract. Bitfury Top HoldCo pledged 5,520,000 shares of Common Stock (the "Pledged Shares") to secure its obligations under the Forward Contract. [Continued]
Footnote F2
[Cont.] The number of shares of Common Stock to be delivered to the Dealer on each of the three maturity dates is to be determined as follows: (a) if the volume-weighted average price of Common Stock during the trading day immediately preceding the maturity date (the "Settlement Price") is less than or equal to $21.4439 (the "Floor Price"), the reporting person will deliver to the Dealer 1,840,000 shares; (b) if the Settlement Price is between the Floor Price and $37.5268 (the "Cap Price"), the reporting person will deliver to the Dealer a number of shares of Common Stock having a value (based on the then market price) equal to $39.5 million; and (c) if the Settlement Price is greater than the Cap Price, the reporting person will deliver to the Dealer a number of shares of Common Stock equal to 1,840,000 shares minus a number of shares of Common Stock having a value (based on the then market price) equal to $29.6 million. [Continued]
Footnote F3
[Cont.] Bitfury Top HoldCo retained economic and voting rights in the Pledged Shares during the term of the pledge. On October 2, 2026, the Settlement Price was $15.87. Accordingly, Bitfury Top HoldCo transferred to the Dealer 1,840,000 shares.
Footnote F4
Bitfury Top HoldCo is the record holder of 25,603,382 shares of Common Stock. V3 Holding Limited ("V3") is the direct holder of 29,068,312 shares of Common Stock. Valerijs Vavilovs is the sole owner of V3, which is the majority owner of Bitfury Group Limited ("BGL"). BGL is the sole owner of Bitfury Top HoldCo. [Continued]
Footnote F5
[Cont.] As a result of the foregoing relationships, each of Mr. Vavilovs, V3 and BGL may be deemed to share beneficial ownership of the Common Stock beneficially owned by Bitfury Top HoldCo, and Mr. Vavilovs may be deemed to have beneficial ownership of the Common Stock owned by V3. Each of Mr. Vavilovs, V3, Bitfury Top HoldCo and BGL disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein.