Black Pearl lease term
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Lease has initial term of 10 years with four consecutive 10-year renewal options
Source (primary)
Cipher Mining 8-K filed 2023-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Lease has an initial term of ten years, and the Company has four consecutive options to renew for periods of ten years each.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states the ten-year initial term and the four ten-year renewal options.
Confirmed in the source:
- The Black Pearl lease has an initial term of ten years
- Cipher has four consecutive options to renew the lease for ten years each
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: “The Lease has an initial term of ten years, and the Company has four consecutive options to renew for periods of ten years each.”