Senior convertible notes due 2032 offering
Company: Cipher Mining
What the later record shows
Outcome not yet confirmed
No passage mentions pricing or closing of the 2032 convertible notes offering. The October 12, 2026 passages are business updates on construction and leases.
Checked October 14, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Cipher is offering $850MM base deal of 0% senior unsecured convertible notes due November 1, 2032 under Rule 144A, with a $150MM greenshoe, and expects to price on October 13 after market close.
Source (primary)
cipher-mining 8-K exhibit (d134900dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-14)Live source ↗
Quote: “Offering Type Senior Convertible Notes Due 2032 Ranking Senior Unsecured Execution Format 144A Base Deal Size $850MM Greenshoe $150MM”
How we checked this
Checked on October 15, 2026. The cited source supports part of this claim, but not all of it.
The presentation confirms the size, structure, maturity, Rule 144A format, greenshoe and expected pricing date. However, the coupon appears only as a bracketed indicative placeholder within 'Indicative Terms', not as a set rate.
Confirmed in the source:
- Cipher Digital is offering senior unsecured convertible notes due 2032
- The notes mature on November 1, 2032
- The offering is made under Rule 144A
- The base deal size is $850MM
- The greenshoe is $150MM
- Pricing is expected on Tuesday, October 13 after market close
We could not confirm this from the cited source:
- The notes carry a 0% coupon as a final term (the presentation lists the coupon only as an indicative, bracketed '[0.00%]')
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/1819989/000119312526419743/d134900dex991.htm) in full (17,922 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (d134900dex991.htm)
Quote: “Offering Type Senior Convertible Notes Due 2032 Ranking Senior Unsecured Execution Format 144A Base Deal Size $850MM Greenshoe $150MM”