$63.6M prior equity contribution reimbursement (Stingray facility)
Company: Cipher Mining - Project: Stingray Facility
The claim, verbatim
Use offering proceeds to reimburse approximately $63.6 million of prior equity contributions used to fund capital expenditures relating to the Stingray Facility
Source (primary)
cipher-mining 8-K exhibit (dp248110_ex9902.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗
Quote: “reimburse the Company for approximately $63.6 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 confirms proceeds will reimburse approximately $63.6 million of prior equity contributions used for Stingray Facility capital expenditures.
Confirmed in the source:
- Proceeds will reimburse approximately $63.6 million of prior equity contributions
- The 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/1819989/000095010326008635/dp248110_ex9902.htm) in full (7,344 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (dp248110_ex9902.htm)
Quote: “reimburse the Company for approximately $63.6 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”