Stingray contracted lease revenue
Company: Cipher Mining
The claim, verbatim
Stingray lease will generate $2.0 to $5.7 billion in contracted lease payments over base lease term and extension options
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: “~$2.0 - $5.7 Bn Contracted Lease Payments”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The transaction overview lists ~$2.0-$5.7Bn contracted lease payments, and a note ties the range to the base term plus three 5-year extensions.
Confirmed in the source:
- Stingray contracted lease payments are approximately $2.0-$5.7 billion
- The $5.7Bn upper figure assumes three 5-year extension options exercised at the ceiling rental rate over the base lease term
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: “~$2.0 - $5.7 Bn Contracted Lease Payments”