{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-225645","form_type":"8-K","ticker":"CIFR","cik":"0001819989","company_name":"Cipher Digital Inc.","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.598643+00:00","generated_at":"2026-05-17T05:07:12.191967+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cipher Mining issues $1.3B zero-coupon convertible notes due 2031; conversion price ~$16.03","bullets":["$1.3B aggregate principal of 0.00% Convertible Senior Notes due 2031 issued Sep 30, 2025.","Initial conversion rate: 62.3733 shares/$1,000, conversion price ~$16.03 per CIFR share.","Capped call transactions cost $82.7M; cap price $23.32 (100% premium over Sep 25 close).","Notes mature Oct 1, 2031; redeemable after Oct 5, 2028 if stock >130% of conversion price.","Noteholders have optional repurchase right on Oct 1, 2029 if not previously redeemed."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-225645","json":"https://secwatch.observer/filing/0001193125-25-225645.json","markdown":"https://secwatch.observer/filing/0001193125-25-225645.md","text":"https://secwatch.observer/filing/0001193125-25-225645.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819989/000119312525225645/0001193125-25-225645-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819989/000119312525225645/d52925d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:07:12.191967+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":[{"claim_id":"2179af456ff39beb4420a4e3feebee93e3a8488a","claim":"Cipher Digital Inc. incurred convertible notes of $1,300,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 0.00% maturing October 1, 2031.","evidence_excerpt":"On September 30, 2025, Cipher Mining Inc. (the “Company”) issued $1,300,000,000 aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819989/000119312525225645/0001193125-25-225645-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,300,000,000 aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"0.00%"},{"label":"Maturity","value":"October 1, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}