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McLennan site option exercise

Company: Cipher Mining

Subject kind
acquisition
Statement date
2026-02-23
Promised amount
500.0 MW
Current status
stated

The claim, verbatim

Exercised option in February 2026 to acquire special purpose entity holding right to purchase McLennan site with targeted capacity of 500 MW and estimated energization in 2028.

Source (primary)

Cipher Mining 10-K filed 2026-02-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “In February 2026, we exercised the option to acquire the special purpose entity holding the right to purchase the McLennan Site, and acquired such rights. The McLennan Site has targeted capacity of up to 500 MW and estimated energization in 2028”

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 10-K filed 2026-02-24

Quote: “In February 2026, we exercised the option to acquire the special purpose entity holding the right to purchase the McLennan Site, and acquired such rights. The McLennan Site has targeted capacity of up to 500 MW and estimated energization in 2028”

View cached copy (2026-08-31)Live source ↗