jain.com

Estimated net proceeds ~$1.08B

Company: Cipher Mining

Subject kind
financing
Statement date
2025-09-25
Promised amount
1080000000.0 USD
Current status
stated

The claim, verbatim

Cipher estimates net proceeds of about $1.08 billion, or about $1.27 billion if the initial purchasers fully exercise their option, after discounts and commissions but before offering expenses.

Source (primary)

cipher-mining 8-K exhibit (d936051dex991.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “Cipher estimates that the net proceeds to it from the offering will be approximately $1.08 billion (or approximately $1.27 billion if the initial purchasers exercise in full their option”

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 (d936051dex991.htm)

Quote: “Cipher estimates that the net proceeds to it from the offering will be approximately $1.08 billion (or approximately $1.27 billion if the initial purchasers exercise in full their option”

View cached copy (2026-10-01)Live source ↗