---
title: "Cipher Digital Changes Default Debt Conversion Settlement Method to Physical Settlement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302148655.md"
description: "Cipher Digital Inc. has changed the default settlement method for its convertible senior notes to physical settlement, effective October 16, 2026. This change applies to its 1.75% Convertible Senior Notes due 2030 and 0% Convertible Senior Notes due 2031. Conversions occurring on or after the effective date will utilize physical settlement unless the company specifies otherwise under the applicable indenture."
datetime: "2026-10-16T21:27:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302148655.md)
  - [en](https://longbridge.com/en/news/302148655.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302148655.md)
generator: "portal-rs"
---

# Cipher Digital Changes Default Debt Conversion Settlement Method to Physical Settlement

-   Cipher Digital changed the default settlement method for convertible senior notes to physical settlement, effective October 16, 2026. \* The change covers its 1.75% Convertible Senior Notes due 2030 and 0% Convertible Senior Notes due 2031. \* Conversions from that date will use physical settlement unless the company specifies otherwise under the applicable indenture. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cipher Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-424297), on October 16, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**