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Form 8-K · Current Report · Filed 2024-05-06

Cipher Mining Inc. Announces Director Elections and Accounting Firm Ratification at 2024 Annual Meeting

On May 2, 2024, Cipher Mining Inc. held its 2024 Annual Meeting of Stockholders. The election of directors received high approval with over 98% of votes in favor. The ratification of Marcum LLP as the independent registered public accounting firm for the year ending December 31, 2024, was also approved with 99.7% of votes in favor. However, the proposed amendment to the Second Amended and Restated Certificate of Incorporation to provide for exculpation of officers was not approved due to insufficient votes.

Filer
Cipher Mining Inc. CIFR · NASDAQ
Filed
Accession
0000950170-24-053156
CIK
0001819989
Signal
Medium impactFinancial Services

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Proxy Battle Won Say-on-Pay Approved

Market reaction

Close before filing

$4.14

Next session

-8.5%

Since filing

+439.1%

Latest close

$22.32

What happened, not what will happen — closing prices around the filing date.

About Cipher Mining Inc.

Cipher Mining Inc. operates as a cryptocurrency mining company with a focus on sustainable bitcoin mining operations. Its primary function lies in the efficient and large-scale mining of bitcoin, offering infrastructure and expertise to maximize the value and support transaction processing within the Bitcoin network. Cipher Mining uniquely positions itself in the fast-evolving digital currency landscape by emphasizing sustainability, utilizing renewable energy sources to power its operations, which addresses the growing concerns around the environmental impact of cryptocurrency mining. This approach not only helps in reducing carbon footprints but also sets a scalable model as the demand for cryptocurrencies evolves. The company's mining facilities are strategically located to optimize energy consumption and cost efficiencies, aligning with its commitment to environmentally responsible practices. As part of the larger cryptocurrency and blockchain sectors, Cipher Mining plays a crucial role in facilitating transactions and securing the blockchain, thereby integral to the infrastructure that supports digital currency ecosystems globally. Founded with a vision to merge traditional energy expertise with cutting-edge digital finance solutions, Cipher Mining accentuates the intersection of innovation and sustainability in the financial markets.

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