jain.com

Term sheet for option on three sites totaling 1.5 GW

Company: Cipher Mining

Subject kind
acquisition
Statement date
2024-08-12
Promised amount
1500.0 MW
Current status
stated

The claim, verbatim

Cipher has executed a term sheet for an option to acquire three new North American sites with cumulative power capacity of 1.5 GW, suitable for bitcoin mining or HPC data centers.

Source (primary)

cipher-mining 8-K exhibit (cifr-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-30)Live source ↗

Quote: “we have executed a term sheet for an option to acquire three new sites with a cumulative power capacity of 1.5 GW”

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 (cifr-ex99_1.htm)

Quote: “we have executed a term sheet for an option to acquire three new sites with a cumulative power capacity of 1.5 GW”

View cached copy (2026-10-30)Live source ↗