---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-001480"
form_type: "8-K"
ticker: "CIFR"
cik: "0001819989"
company_name: "Cipher Digital Inc."
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:23:08.092407+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cipher Mining subsidiary Black Pearl Compute to offer $2.0B senior secured notes due 2031 for data center financing

## Summary
- Black Pearl Compute, Cipher's subsidiary, intends to offer $2.0B senior secured notes due 2031 to qualified institutional buyers.
- Net proceeds to finance remaining cost of Black Pearl Facility high-performance computing data center in Wink, Texas.
- Proceeds also to reimburse Cipher ~$232.5M for prior equity contributions to fund facility capital expenditures.
- Notes secured by substantially all assets of issuer and guarantors; Cipher provides completion guarantee for facility.
- Offering is subject to market conditions; no assurance on completion or terms.

## SEC filing metadata
- accession: 0000950103-26-001480
- form_type: 8-K
- ticker: CIFR
- cik: 0001819989
- company_name: Cipher Digital Inc.
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819989/000095010326001480/0000950103-26-001480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819989/000095010326001480/dp240991_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-001480
- JSON: https://secwatch.observer/filing/0000950103-26-001480.json
- Plain text: https://secwatch.observer/filing/0000950103-26-001480.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.