{"$schema":"https://seraphixsystems.com/data/schema/record.schema.json","generated":"2026-11-05T18:53:37+00:00","publisher":"Seraphix Systems NJ LLC","license":{"name":"CC BY 4.0","url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Seraphix Systems"},"id":"SX-07-B-0004","url":"https://seraphixsystems.com/r/SX-07-B-0004","json":"https://seraphixsystems.com/r/SX-07-B-0004.json","label":"RECORD SX 07-B // POWER // FILED 2026-02-24","scope":"entity","entity":{"cik":"0001819989","legal_name":"Cipher Digital Inc.","display_name":"Cipher Digital","url":"https://seraphixsystems.com/pilot-01/company/cipher-digital"},"state":null,"section":"power","tag":"COMPANY DISCLOSURE","instrument":null,"primary_pending":false,"claim":"Luminant Power Agreement (power purchase agreement entered June 2021, amended and restated August 23, 2023) for the supply of electric power to the Odessa Facility: access until at least July 2027 at approximately 2.7 c/kWh (2.8 c/kWh from October 2025); take-or-pay for at least 66.7% of the full 207 MW capacity each year (10-K, filed 2026-02-24)","quote":"In June 2021, we entered into a power purchase agreement with Luminant for the supply of electric power to the Odessa Facility, which was subsequently amended and restated, most recently on August 23, 2023 (as amended, the \"Luminant Power Agreement\"), pursuant to which we have access, until at least July 2027, to a cost of electricity of approximately 2.7 c/kWh, subject to certain increases related to certain tariffs, price increased in October 2025 to 2.8 c/kWh. The Luminant Power Agreement provides for a take or pay arrangement, whereby, Luminant will supply, and we are obligated to accept and pay for, a total electrical power capacity equal to at least 66.7% of the full 207 MW capacity each year at a predetermined MWh rate","fields":{"agreement":"power purchase agreement","counterparty":"Luminant","location":"not stated in source","mw":207,"site":"Odessa Facility (served)","state":null,"status":"in effect until at least July 2027"},"basis":"regulator_hosted_filing","basis_label":"REGULATOR-HOSTED FILING","source":{"title":"Cipher Digital Inc. — 10-K Item 1. Business (normalized-text offset 62404)","locator":"10-K Item 1. Business (normalized-text offset 62404)","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/1819989/000181998926000009/cifr-20251231.htm"},"also":[],"primary":{"title":"Cipher Digital Inc. — 10-K Item 1. Business (normalized-text offset 62404)","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/1819989/000181998926000009/cifr-20251231.htm"},"dates":{"occurred":null,"reported":null,"source_published":"2026-02-24","first_seen":null,"ingested":"2026-11-04","corrected":null},"record_date":"2026-02-24","lifecycle":"active","version":1,"versions":[{"version":1,"claim":"Luminant Power Agreement (power purchase agreement entered June 2021, amended and restated August 23, 2023) for the supply of electric power to the Odessa Facility: access until at least July 2027 at approximately 2.7 c/kWh (2.8 c/kWh from October 2025); take-or-pay for at least 66.7% of the full 207 MW capacity each year (10-K, filed 2026-02-24)","current":true,"url":"https://seraphixsystems.com/r/SX-07-B-0004/v1","json":"https://seraphixsystems.com/r/SX-07-B-0004/v1.json"}],"cite":{"publisher":"Seraphix Systems","record_id":"SX-07-B-0004","url":"https://seraphixsystems.com/r/SX-07-B-0004","version":1,"title":"RECORD SX 07-B // POWER // FILED 2026-02-24","text":"Seraphix Systems, \"SX-07-B-0004\", v1, https://seraphixsystems.com/r/SX-07-B-0004, retrieved [date].","published":"2026-11-05"},"gate":{"passed":true,"hash_verified":true,"source":"intel pipeline gate"},"published":"2026-11-05"}