{
  "docId": "019de077-1d4c-72c8-8e4d-e3a0450d58ef",
  "docSlug": "3f2447d4a1a30823e70cb784ab0a57df",
  "documentTitle": "Cipher Mining | Investor Presentation Deck | 23 slides",
  "authorId": "cipher-mining",
  "authorName": "Cipher Mining",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 10,
  "pageCount": 23,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "why_now",
  "function": "argue_timing",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The slide uses a dual-axis line chart to correlate price and hash rate, followed by a list of market implications and a footer detailing current company emphasis.",
  "elementsJson": null,
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019de077-1d4c-72c8-8e4d-e3a0450d58ef/10",
  "deckHref": "/decks/019de077-1d4c-72c8-8e4d-e3a0450d58ef",
  "deckJsonHref": "/decks/019de077-1d4c-72c8-8e4d-e3a0450d58ef.json",
  "deckAnchorHref": "/decks/019de077-1d4c-72c8-8e4d-e3a0450d58ef#slide-10",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.55,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "chart",
      "text": "BTC PRICE & NETWORK HASH RATE",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d7842807-25b2-45b0-8529-337c606279fd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.3,
        "x": 0.65,
        "y": 0.2
      },
      "kind": "list",
      "text": "1. The Halving has Passed\n2. Supply/Demand Imbalance Incoming?\n3. Wave of M&A?",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8ce81d40-45db-4cc4-94fd-593ace777f2c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.75
      },
      "kind": "paragraph",
      "text": "CURRENT EMPHASIS: Execute Data Center Build-Outs, Select Best M&A Opportunities, Focus on Long-Term Expansion Goals",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b9d736ee-08b0-45ce-983e-5fc6015d640a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.05,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "(1) Represents average USD market price across major bitcoin exchanges from March 1, 2024, to April 30, 2024, per blockchain.com\n(2) Reflects Bitcoin network hash rate from March 1, 2024, to April 30, 2024, per blockchain.com",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8a51689c-54ed-416f-bfce-25aeef69d7b0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.25,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Market Update",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "48c240e4-0d9c-44b6-b255-206aeb5d4238",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "why_now",
      "slug": null,
      "matchId": "11012edf-9957-4746-bc2c-6f5132314901",
      "evidence": "The slide connects market trends to strategic company priorities.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 14,
      "from": 3,
      "beatId": "763d72c4-3c3f-49fd-82d5-8f9fbc4d41de",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Traction",
      "beatSlug": null,
      "evidence": "Multiple slides highlighting operational and financial achievements",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 10,
      "from": 10,
      "beatId": "21156211-8fb8-4f83-b35f-9baed7c9c37a",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Why Now",
      "beatSlug": null,
      "evidence": "A dedicated slide for market update",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}