jain.com

Black Pearl data center lease purchase

Company: Cipher Mining

Subject kind
acquisition
Statement date
2023-11-07
Promised amount
7.0 USD
Current status
stated

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

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 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.”

View cached copy (2026-08-31)Live source ↗