$61.5M equity contribution reimbursement
Company: Cipher Mining - Project: Stingray Facility
The claim, verbatim
Proceeds will be used to reimburse $61.5 million of prior equity contributions relating to the Stingray Facility
Source (primary)
cipher-mining 8-K exhibit (dp248139_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗
Quote: “reimburse the Company for approximately $61.5 million of prior equity contributions to Cipher Stingray LLC ("Cipher Stingray"), a wholly-owned direct subsidiary of the Issuer, used to fund capital expenditures relating to the Stingray Facility”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states proceeds will reimburse the Company for approximately $61.5 million of prior equity contributions used for Stingray Facility capital expenditures.
Confirmed in the source:
- Proceeds will reimburse approximately $61.5 million of prior equity contributions
- Those equity contributions were used to fund capital expenditures relating to the Stingray Facility
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000095010326008678/dp248139_ex9901.htm) in full (7,362 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (dp248139_ex9901.htm)
Quote: “reimburse the Company for approximately $61.5 million of prior equity contributions to Cipher Stingray LLC ("Cipher Stingray"), a wholly-owned direct subsidiary of the Issuer, used to fund capital expenditures relating to the Stingray Facility”