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Oncor collateral deposit for Black Pearl

Company: Cipher Mining - Project: Black Pearl Facility

This claim was marked delayed on September 4, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
financing
Statement date
2023-11-07
Promised by
2026-05-15
Promised amount
6.3 USD
Current status
delayed

The claim, verbatim

Committed to deliver up to $6.3 million collateral to Oncor if closing before end of December 2023, refundable upon achieving 135 MW energization by May 15, 2026

Source (primary)

Cipher Mining 8-K filed 2023-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Company expects to deliver to Oncor Electric Delivery Company LLC ("Oncor") up to $6.3 million as collateral that Oncor will be obligated to return to the Company, provided that the Company energizes at least 135MW at the Black Pearl Facility by May 15, 2026.”

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: “the Company expects to deliver to Oncor Electric Delivery Company LLC ("Oncor") up to $6.3 million as collateral that Oncor will be obligated to return to the Company, provided that the Company energizes at least 135MW at the Black Pearl Facility by May 15, 2026.”

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

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.