Black Pearl data center lease purchase
Company: Cipher Mining
The claim, verbatim
Agreed to purchase data center lease on 50+ acres in Winkler County, Texas for $7.0 million paid in common stock
Source (primary)
Cipher Mining 8-K filed 2023-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “entered into a Purchase and Sale Agreement (the "PSA") with Trinity Mining Group, Inc. ("Trinity") to purchase a data center lease (the "Lease") related to certain tracts or parcels of land containing at least 50 acres of land located in Winkler County, Texas... The consideration for the Purchased Assets will be $7.0 million (the "Purchase Price"). The Purchase Price will be paid by delivery of a number of whole shares of the Company's common stock.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing describes the lease purchase from Trinity, the land's acreage and location, the $7.0 million price, and payment in common stock.
Confirmed in the source:
- Cipher agreed to buy a data center lease from Trinity Mining Group
- The leased land covers at least 50 acres in Winkler County, Texas
- The purchase price is $7.0 million
- The price will be paid in shares of Cipher common stock
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000095017023060676/cifr-20231108.htm) in full (9,266 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 8-K filed 2023-11-08
Quote: “entered into a Purchase and Sale Agreement (the "PSA") with Trinity Mining Group, Inc. ("Trinity") to purchase a data center lease (the "Lease") related to certain tracts or parcels of land containing at least 50 acres of land located in Winkler County, Texas... The consideration for the Purchased Assets will be $7.0 million (the "Purchase Price"). The Purchase Price will be paid by delivery of a number of whole shares of the Company's common stock.”