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  "documentTitle": "Cipher Mining | SPAC Presentation Deck | 55 slides",
  "authorId": "cipher-mining",
  "authorName": "Cipher Mining",
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  "presentationDate": "2021-03-01 00:00:00",
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  "density": "dense",
  "nDataPoints": 24,
  "notes": "The slide uses a dual-chart layout to demonstrate resilience and growth potential under varying market conditions.",
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      "kind": "chart",
      "text": "Case 2: Bitcoin $25k-$12.5k",
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      "text": "Case 1: Bitcoin $25k-$50k",
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      "text": "Source: Cipher Mining management. Assumes Bitcoin price increases linearly from $25k to $50k from 2021E to 2025E in case 1 and assumes Bitcoin price decreases linearly from $25k to $12.5k from 2021E to 2025E in case 2. Note: EBITDA defined as net earnings (loss) before interest expense, income tax expense (benefit), depreciation and amortization; EBITDA is a non-GAAP financial measure",
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      "kind": "title",
      "text": "Cipher's Projected EBITDA Growth Outpaces Bitcoin Price in Both Upside and Downside Bitcoin Price Scenarios",
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      "evidence": "Comparison of two distinct Bitcoin price trajectories and their impact on EBITDA.",
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