Cipher Digital prices USD 810 million 6% senior secured notes due 2031

Cipher Mining

Cipher Mining

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  • Cipher Digital priced a USD 810 million offering of 6% senior secured notes due 2031 at 99.75% of face value.
  • Offering expected to close June 15, subject to customary conditions.
  • Proceeds earmarked to fund remaining costs of the Stingray data center, repay about USD 61.5 million of prior equity contributions, fund reserves.
  • Notes guaranteed by Cipher Stingray, secured by first-priority liens on substantially all issuer and guarantor assets.
  • Completion guarantee set to backstop timely buildout if note proceeds fall short.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cipher Digital Inc. published the original content used to generate this news brief on June 08, 2026, and is solely responsible for the information contained therein.