Colchis joint venture majority interest
Company: Cipher Mining
The claim, verbatim
Purchased majority interest in joint venture entity to develop Colchis HPC site in West Texas capable of providing 1 GW capacity
Source (primary)
Cipher Mining 10-K filed 2026-02-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In November 2025, we purchased a majority interest in a joint venture entity to develop a new HPC site in West Texas capable of providing 1-GW, referred to as Colchis”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing describes the November 2025 purchase of a majority interest in the Colchis joint venture and the site's 1-GW West Texas capacity.
Confirmed in the source:
- In November 2025 Cipher purchased a majority interest in a joint venture entity
- The joint venture is to develop a new HPC site in West Texas, referred to as Colchis
- The Colchis site is capable of providing 1 GW
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000181998926000009/cifr-20251231.htm) in full (477,779 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 10-K filed 2026-02-24
Quote: “In November 2025, we purchased a majority interest in a joint venture entity to develop a new HPC site in West Texas capable of providing 1-GW, referred to as Colchis”