Amendment to Bitmain mining equipment supply agreement
Company: Cipher Mining
The claim, verbatim
Company entered into Amendment Agreement with Bitmain on May 16, 2025 providing for delivery of all remaining mining equipment by June 23, 2025 in exchange for early payment with 10% price reduction
Source (primary)
Cipher Mining 424B5 filed 2025-05-20 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On May 16, 2025, the Company, through its wholly-owned subsidiaries Cipher Mining Infrastructure LLC ("CMI"), a Delaware limited liability company, and Cipher Black Pearl LLC ("CBP"), a Delaware limited liability company, entered into an Amendment Agreement and Deed of Novation to the Future Sales and Purchase Agreement (the "2025 Amendment") with Bitmain Technologies Delaware Limited ("Bitmain")... The 2025 Amendment provides that all miners remaining to be delivered under the Original Agreement will be delivered by June 23, 2025, in exchange for the Company's early payment of the remaining payments outstanding under the Original Agreement.”
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 424B5 filed 2025-05-20
Quote: “On May 16, 2025, the Company, through its wholly-owned subsidiaries Cipher Mining Infrastructure LLC ("CMI"), a Delaware limited liability company, and Cipher Black Pearl LLC ("CBP"), a Delaware limited liability company, entered into an Amendment Agreement and Deed of Novation to the Future Sales and Purchase Agreement (the "2025 Amendment") with Bitmain Technologies Delaware Limited ("Bitmain")... The 2025 Amendment provides that all miners remaining to be delivered under the Original Agreement will be delivered by June 23, 2025, in exchange for the Company's early payment of the remaining payments outstanding under the Original Agreement.”