Colchis majority interest purchase
Company: Cipher Mining
The claim, verbatim
Purchased majority interest in joint venture entity to develop Colchis 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: “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 a joint venture to develop the 1-GW Colchis site in West Texas.
Confirmed in the source:
- Cipher purchased a majority interest in a joint venture entity to develop the Colchis site
- The Colchis site is located in West Texas
- The Colchis site is capable of providing 1 GW of capacity
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: “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”