Stingray Compute senior secured notes offering
Company: Cipher Mining - Project: Stingray Facility
What the later record shows
Delivered on time · happened June 15, 2026
The 8-K says the notes indenture was entered into on June 15, 2026, the promised closing date. Later news confirms the $810 million 6% offering closed.
“On June 15, 2026, Stingray Compute, the Subsidiary Guarantor and Cipher Stingray Holdings LLC, direct parent of Cipher Compute, entered into an indenture”
2026-06-14 · Cipher Mining 8-K filed 2026-06-15 View cached copy (2026-08-30)Live source ↗
“The Stingray 2031 Senior Secured Notes are senior secured obligations of Stingray Compute and bear interest at a rate of 6.000 % per year”
2026-08-03 · Cipher Mining 10-Q filed 2026-08-04 View cached copy (2026-08-30)Live source ↗
“The company also closed an $810 million bond offering at a 6% coupon to fully fund its Stingray facility”
2026-09-08 · Crypto Mining Stocks Rally While Bitcoin Slips: Cipher Mining Jumps 8%, MARA Climbs 6% - AOL.com View cached copy (2026-09-09)Live source ↗Archive.org ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Stingray Compute LLC, Cipher's wholly-owned indirect subsidiary, priced an offering of $810.0 million aggregate principal amount of 6.000% senior secured notes due 2031 at 99.750% of principal amount, expected to close on June 15, 2026
Source (primary)
Cipher Mining 8-K filed 2026-06-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
Quote: “Stingray Compute LLC, its wholly-owned indirect subsidiary, priced its offering of $810.0 million aggregate principal amount of 6.000% senior secured notes due 2031 (the "Offering") at a price equal to 99.750% of their principal amount. The Offering is expected to close on June 15, 2026, subject to customary closing conditions.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
Cipher's June 8, 2026 Form 8-K states every element of this claim: the subsidiary, amount, rate, maturity, issue price and expected closing date.
Confirmed in the source:
- Stingray Compute LLC is a wholly-owned indirect subsidiary of Cipher Digital Inc.
- Stingray Compute LLC priced an offering of $810.0 million aggregate principal amount of senior secured notes
- The notes carry a 6.000% interest rate and are due 2031
- The notes were priced at 99.750% of their principal amount
- The offering was expected to close on June 15, 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000095010326008678/dp248139_8k.htm) in full (7,148 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 8-K filed 2026-06-09
Quote: “Stingray Compute LLC, its wholly-owned indirect subsidiary, priced its offering of $810.0 million aggregate principal amount of 6.000% senior secured notes due 2031 (the "Offering") at a price equal to 99.750% of their principal amount. The Offering is expected to close on June 15, 2026, subject to customary closing conditions.”
confirms Cipher Mining 10-Q filed 2026-08-04
Quote: “The Stingray 2031 Senior Secured Notes are senior secured obligations of Stingray Compute and bear interest at a rate of 6.000 % per year”
confirms Cipher Mining 8-K filed 2026-06-15
Quote: “On June 15, 2026, Stingray Compute, the Subsidiary Guarantor and Cipher Stingray Holdings LLC, direct parent of Cipher Compute, entered into an indenture”
confirms Crypto Mining Stocks Rally While Bitcoin Slips: Cipher Mining Jumps 8%, MARA Climbs 6% - AOL.com
Quote: “The company also closed an $810 million bond offering at a 6% coupon to fully fund its Stingray facility”