Convertible notes with 7.125% coupon
Company: Cipher Mining
The claim, verbatim
Cipher issued convertible notes bearing a 7.125% coupon with semiannual interest payment terms
Source (primary)
cipher-mining 8-K exhibit (dp237633_ex9902.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-25)Live source ↗
Quote: “7.125% coupon, with interest payable on a semiannual basis”
How we checked this
Checked on September 27, 2026. The cited source supports part of this claim, but not all of it.
The presentation lists a 7.125% coupon with semiannual interest among its model assumptions for notes described in an offering memorandum. It never says the notes are convertible, and it describes an offering rather than a completed issuance.
Confirmed in the source:
- The notes described in Cipher's presentation carry a 7.125% coupon, listed as a key model assumption
- Interest on the notes is payable semiannually, per the model assumptions
We could not confirm this from the cited source:
- The notes are convertible notes
- Cipher had already issued the notes, rather than offering them
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000095010325015073/dp237633_ex9902.htm) in full (12,658 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (dp237633_ex9902.htm)
Quote: “7.125% coupon, with interest payable on a semiannual basis”