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

Cipher Mining

Cipher Mining

CIFR

0.00
  • Stingray Compute, a wholly owned Cipher Digital unit, priced USD 810 million of 6% senior secured notes due 2031 at 99.75.
  • Proceeds earmarked to finish the Stingray data center, repay about USD 61.5 million to Cipher Stingray for prior equity funding.
  • Cipher Stingray will fully guarantee the notes; collateral includes first-priority liens on most assets of the issuer and guarantor.
  • Cipher will provide a completion guarantee for the Stingray facility if note proceeds fall short.
  • Closing targeted for June 15, 2026.


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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-26-008678), on June 09, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.