Capped call transactions with $28.35 cap price
Company: Cipher Mining
The claim, verbatim
In connection with pricing the notes, Cipher entered into capped call transactions with an initial cap price of $28.35 per share, a 150% premium over the $11.34 last reported sale price on October 13, 2026.
Source (primary)
cipher-mining 8-K exhibit (d77312dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “The cap price of the capped call transactions will initially be $28.35 per share, which represents a premium of 150% over the last reported sale price of Cipher's common stock of $11.34 per share on October 13, 2026”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The press release states Cipher entered into capped calls with an initial $28.35 cap price, a 150% premium over the $11.34 October 13, 2026 price.
Confirmed in the source:
- Cipher entered into capped call transactions in connection with pricing the notes
- The initial cap price is $28.35 per share
- The cap price represents a 150% premium over the last reported sale price
- The last reported sale price was $11.34 per share on October 13, 2026
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000119312526421035/d77312dex991.htm) in full (15,162 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (d77312dex991.htm)
Quote: “The cap price of the capped call transactions will initially be $28.35 per share, which represents a premium of 150% over the last reported sale price of Cipher's common stock of $11.34 per share on October 13, 2026”