Colchis joint venture formation
Company: Cipher Mining
The claim, verbatim
Formation of joint entity to develop 1-gigawatt site named Colchis in West Texas, with Cipher expected to provide majority financing and achieve approximately 95% equity ownership.
Source (primary)
cipher-mining 8-K exhibit (nov3_earningspressreleasex.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “formation of a joint entity to develop a 1-gigawatt ("GW") site, named "Colchis", in West Texas. Under the terms of the agreement, Cipher is expected to provide the majority of the financing, which would result in approximately 95% equity ownership”
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 8-K exhibit (nov3_earningspressreleasex.htm)
Quote: “formation of a joint entity to develop a 1-gigawatt ("GW") site, named "Colchis", in West Texas. Under the terms of the agreement, Cipher is expected to provide the majority of the financing, which would result in approximately 95% equity ownership”