Cahill Represents Initial Purchasers in Stingray Compute’s $810 Million Notes Offering

June 15, 2026

Cahill represented the initial purchasers in connection with a Rule 144A offering of $810 million aggregate principal amount of 6% senior secured notes due 2031 by Stingray Compute.

Proceeds from the offering will be used to finance the construction of a high-performance computing data center in Andrews, Texas.

Stingray Compute is a wholly-owned indirect subsidiary of Cipher Digital Inc., which develops and operates industrial-scale data centers engineered for next-generation computing.