Equipment purchase deposits and future commitments
Company: Cipher Mining
The claim, verbatim
The company has $196.7 million in deposits on equipment, primarily for miners, with significant future commitments
Source (primary)
Cipher Mining 424B3 filed 2022-08-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company had $196.7 million of deposits on equipment on its condensed consolidated balance sheet, primarily for miners, and has significant future commitments related to these deposits as detailed in Note 6”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the company had $196.7 million of deposits on equipment, primarily for miners, with significant future commitments related to these deposits.
Confirmed in the source:
- The company had $196.7 million of deposits on equipment on its balance sheet
- The deposits were primarily for miners
- The company has significant future commitments related to these deposits
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312522216282/d315536d424b3.htm) in full (160,220 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 424B3 filed 2022-08-09
Quote: “the Company had $196.7 million of deposits on equipment on its condensed consolidated balance sheet, primarily for miners, and has significant future commitments related to these deposits as detailed in Note 6”