Notes conversion price and maturity
Company: Cipher Mining
The claim, verbatim
The notes carry an initial conversion price of approximately $15.31 per share (65.3211 shares per $1,000 principal), a ~35% premium, and will mature on November 1, 2032 unless earlier repurchased, redeemed or converted.
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 notes will mature on November 1, 2032, unless earlier repurchased, redeemed or converted.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The document states the conversion rate, the approximately $15.31 conversion price, the roughly 35% premium, and the November 1, 2032 maturity.
Confirmed in the source:
- The initial conversion price is approximately $15.31 per share
- The initial conversion rate is 65.3211 shares per $1,000 principal amount
- The conversion price represents a premium of approximately 35.0% over the last reported sale price
- The notes will mature on November 1, 2032 unless earlier repurchased, redeemed or converted
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 notes will mature on November 1, 2032, unless earlier repurchased, redeemed or converted.”