Senior secured notes offering for Black Pearl
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Raised $2.0 billion in aggregate principal of senior secured notes at 6.125% interest
Source (primary)
cipher-mining 8-K exhibit (exh991q4fy25_earningsprxvf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗
Quote: “The third high-yield offering raised $2.0 billion in aggregate principal of senior secured notes at 6.125%”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the third offering raised $2.0 billion of senior secured notes at 6.125%.
Confirmed in the source:
- Cipher raised $2.0 billion in aggregate principal of senior secured notes
- the notes carried a 6.125% interest rate
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000181998926000007/exh991q4fy25_earningsprxvf.htm) in full (18,952 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (exh991q4fy25_earningsprxvf.htm)
Quote: “The third high-yield offering raised $2.0 billion in aggregate principal of senior secured notes at 6.125%”