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BitFuFu miner purchase by Gryphon

Company: Core Scientific

Subject kind
partnership
Statement date
2022-03-03
Promised amount
220700000.0 USD
Current status
stated

The claim, verbatim

Gryphon agreed to purchase 60,000 miners from BitFuFu for $305.7 million but had only paid $85.0 million as of early 2022, with $220.7 million in remaining payments due over the next 12 months.

Source (primary)

Core Scientific, Inc. — Entry #1842: Adversary case 22-03345 (RECAP (purchased via PACER), court_filing)
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Quote: “Sphere's July 2021 agreement with FuFu Technology Limited ("BitFuFu") for the purchase of 60,000 miners for $305.7 million. Yet of the total price, Sphere has paid only $85.0 million, while the remaining $220.7 million remains payable "over the next 12 months".”

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 Core Scientific, Inc. — Entry #1842: Adversary case 22-03345

Quote: “Sphere's July 2021 agreement with FuFu Technology Limited ("BitFuFu") for the purchase of 60,000 miners for $305.7 million. Yet of the total price, Sphere has paid only $85.0 million, while the remaining $220.7 million remains payable "over the next 12 months".”

View cached copy (2026-09-26)Live source ↗