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Equipment purchase deposits and future commitments

Company: Cipher Mining

Subject kind
financing
Statement date
2022-08-08
Promised amount
196.7 USD million
Current status
stated

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)
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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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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”

View cached copy (2026-09-13)Live source ↗