{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-015073","form_type":"8-K","ticker":"CIFR","cik":"0001819989","company_name":"Cipher Digital Inc.","filed_at":"2025-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.600329+00:00","generated_at":"2026-05-16T18:09:09.457122+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cipher expands Fluidstack lease by 39 MW, adds $830M revenue; raises $333M notes for Phase II","bullets":["Lease amended to add 39 MW critical IT load (Phase II) at Barber Lake; total capacity leased becomes 300 MW.","Expected ~$830M contracted revenue over initial 10-year term; two five-year extension options could bring total to ~$2.0B.","Google backstop of Fluidstack's lease obligations increased by $333M to $1.73B total.","Cipher Compute to offer up to $333M of 7.125% senior secured notes due 2030 to finance Phase II construction.","Phase I delivery expected by September 2026; Phase II by January 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-015073","json":"https://secwatch.observer/filing/0000950103-25-015073.json","markdown":"https://secwatch.observer/filing/0000950103-25-015073.md","text":"https://secwatch.observer/filing/0000950103-25-015073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819989/000095010325015073/0000950103-25-015073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819989/000095010325015073/dp237633_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:09:09.457122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}