Optional Bitmain Antminer T21 Miners Purchase (2024)
Company: Cipher Mining
The claim, verbatim
Cipher Mining has an option (exercisable in 2024) to purchase 45,706 additional Antminer T21 miners from Bitmain for $121,577,960 ($14 per terahash), though the company has no obligation to exercise this option
Source (primary)
Cipher Mining 8-K filed 2023-12-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company also has the option, but not an obligation, under the Agreement to purchase 45,706 additional Antminer T21 miners ("the 2024 Miners"), which it may exercise in whole or in part, in one or more transactions, in 2024. The purchase price for the 2024 Miners under the Agreement is $121,577,960, representing a $14/T unit price”
How we checked this
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Additional evidence
confirms Cipher Mining 8-K filed 2023-12-18
Quote: “The Company also has the option, but not an obligation, under the Agreement to purchase 45,706 additional Antminer T21 miners ("the 2024 Miners"), which it may exercise in whole or in part, in one or more transactions, in 2024. The purchase price for the 2024 Miners under the Agreement is $121,577,960, representing a $14/T unit price”