Proceeds to reimburse Cipher for equity contributions
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Net proceeds from the offering will reimburse Cipher approximately $232.5 million for prior equity contributions relating to Black Pearl Facility capital expenditures
Source (primary)
Cipher Mining 8-K filed 2026-02-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “to reimburse Cipher approximately $232.5 million for its prior equity contributions to Cipher Black Pearl used to fund capital expenditures relating to the Black Pearl Facility”
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 2026-02-11
Quote: “to reimburse Cipher approximately $232.5 million for its prior equity contributions to Cipher Black Pearl used to fund capital expenditures relating to the Black Pearl Facility”