{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-123159","form_type":"8-K","ticker":"CIFR","cik":"0001819989","company_name":"Cipher Digital Inc.","filed_at":"2025-05-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.885460+00:00","generated_at":"2026-05-21T00:23:05.651674+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cipher Mining announces $150M convertible notes due 2030, Bitmain rig amendment with 10% discount","bullets":["$150M convertible senior notes offering (due May 2030); underwriters option for additional $22.5M.","Concurrent delta offering of borrowed common stock to facilitate hedging by note purchasers.","Bitmain amendment: remaining miners delivered by June 23, 2025; early lump-sum payment of $108.2M (10% reduction from $120.2M).","Company also receives BTC-linked call options from Bitmain as additional value.","Net proceeds to fund Phase 1 of Black Pearl data center including rig purchases at discount and infrastructure."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-123159","json":"https://secwatch.observer/filing/0001193125-25-123159.json","markdown":"https://secwatch.observer/filing/0001193125-25-123159.md","text":"https://secwatch.observer/filing/0001193125-25-123159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819989/000119312525123159/0001193125-25-123159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819989/000119312525123159/d876438d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T00:23:05.651674+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"}