Google backstop expansion
Company: Cipher Mining - Project: Barber Lake Facility
The claim, verbatim
Google will backstop an additional $333 million of Fluidstack's lease obligations, increasing total backstop to $1.73 billion
Source (primary)
cipher-mining 8-K exhibit (dp237633_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-25)Live source ↗
Quote: “Google Expands Backstop of Fluidstack's Obligations by Additional $333 Million, Increasing Total Backstop to $1.73 Billion”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The press release headline and body state both the additional $333 million backstop and the new $1.73 billion total.
Confirmed in the source:
- Google will backstop an additional $333 million of Fluidstack's lease obligations
- Google's total backstop of Fluidstack's obligations increases to $1.73 billion
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000095010325015073/dp237633_ex9901.htm) in full (11,561 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (dp237633_ex9901.htm)
Quote: “Google Expands Backstop of Fluidstack's Obligations by Additional $333 Million, Increasing Total Backstop to $1.73 Billion”