Stingray secured debt issuance
Company: Cipher Mining - Project: Stingray Facility
The claim, verbatim
Cipher Digital issued approximately $810 million in secured debt through Stingray Compute subsidiary for data center construction
Source (primary)
cipher-mining 8-K exhibit (dp248110_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗
Quote: “~$810MM secured debt issued by Stingray Compute, a wholly-owned indirect subsidiary of Cipher Digital”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states ~$810MM secured debt issued by Stingray Compute as a Cipher Digital subsidiary, with proceeds funding the data center construction.
Confirmed in the source:
- Approximately $810 million in secured debt was issued by Stingray Compute, a wholly-owned indirect subsidiary of Cipher Digital
- Proceeds fund construction of the Stingray data center
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000095010326008635/dp248110_ex9901.htm) in full (11,439 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (dp248110_ex9901.htm)
Quote: “~$810MM secured debt issued by Stingray Compute, a wholly-owned indirect subsidiary of Cipher Digital”