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$50M PIPE investment from SoftBank Group

Company: Cipher Mining

Subject kind
financing
Statement date
2025-01-29
Promised amount
50000000.0 USD
Current status
stated

The claim, verbatim

Cipher announced a $50 million PIPE investment from SoftBank Group Corp., establishing SoftBank as a significant primary investor; proceeds will support Cipher's HPC data center development business.

Source (primary)

cipher-mining 8-K exhibit (d896808dex991.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “today announced a $50 million investment from SoftBank Group Corp. (TSE: 9984, “ SoftBank ”), one of the world’s most prominent investment holding companies. The $50 million PIPE investment will support Cipher’s HPC data center development business and establish SoftBank as a significant primary investor in Cipher.”

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 (d896808dex991.htm)

Quote: “today announced a $50 million investment from SoftBank Group Corp. (TSE: 9984, “ SoftBank ”), one of the world’s most prominent investment holding companies. The $50 million PIPE investment will support Cipher’s HPC data center development business and establish SoftBank as a significant primary investor in Cipher.”

View cached copy (2026-10-20)Live source ↗