Black Pearl lease
Company: Cipher Mining
The claim, verbatim
Black Pearl has 300 MW of gross contracted capacity under a 15-year triple net lease with a high investment-grade counterparty, with three five-year extensions. Contracted revenue is $5.5Bn for the base term and $14.1Bn including extensions.
Source (primary)
cipher-mining 8-K exhibit (cipherdigital_businessup.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-03)Live source ↗
Quote: “Black Pearl 300 MW 15 years + three five -year extensions Triple Net $5.5Bn $14.1Bn $367MM High Investment -Grade”
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 (cipherdigital_businessup.htm)
Quote: “Black Pearl 300 MW 15 years + three five -year extensions Triple Net $5.5Bn $14.1Bn $367MM High Investment -Grade”