Lump sum payment to Bitmain for miner deliveries
Company: Cipher Mining
The claim, verbatim
Company to pay Bitmain $108,192,217.75 for early completion of remaining miner deliveries, representing a 10% reduction from original $120,213,575.28
Source (primary)
Cipher Mining 8-K filed 2025-05-20 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company will fulfill such payment obligation by transferring to Bitmain a lump-sum payment of $108,192,217.75 (the "Revised Payment Amount"), a 10% reduction from the $120,213,575.28 (the "Original Payment Amount") due 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 8-K filed 2025-05-20
Quote: “The Company will fulfill such payment obligation by transferring to Bitmain a lump-sum payment of $108,192,217.75 (the "Revised Payment Amount"), a 10% reduction from the $120,213,575.28 (the "Original Payment Amount") due under the Original Agreement”