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Proceeds to reimburse Cipher for equity contributions

Company: Cipher Mining - Project: Black Pearl Facility

Subject kind
financing
Statement date
2026-02-10
Promised amount
232500000.0 USD
Current status
stated

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

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000095010326001966/dp241421_8k.htm) in full (12,160 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

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”

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