Cipher Digital's stock rose 4% following a lease extension at its Barber Lake site in Texas, which extends contracted revenue potential to about $9 billion over 20 years. This deal highlights the company's shift from Bitcoin mining to AI infrastructure, supported by a lease with Fluidstack and financial backing from Google. The move reflects growing investor interest in AI data-center infrastructure, with peers TeraWulf and Applied Digital also gaining. However, risks remain around construction, grid connections, and execution before contracted revenue translates into operational income.
Cipher Digital's stock is up 1.22% at USD 18.32 on Pluang, with a market cap of $7.51 billion as of Sep 25, 2026 20:31 WIB. Meanwhile, TeraWulf and Applied Digital are down 0.86% and 0.59% respectively, trading at USD 16.15 and USD 26.90 on Pluang at the same time.
Cipher Digital has doubled the lease term of its Barber Lake data center in Texas to 20 years by signing a new 10-year lease with a leading AI lab, adding $5.2 billion in incremental revenue. This extension, along with an amended lease with Fluidstac...
Cipher Digital (CIFR) is rated a Speculative Buy with a 12-month price target of $30-$32, driven by its strategic shift towards AI and significant hosting contracts, including a major Google-backed Fluidstack lease. The company boasts an $11.4 billio...
UBS has initiated Buy ratings on five AI data center colocation stocks—Hut 8 Mining, TeraWulf, Applied Digital, Core Scientific, and Cipher Digital—highlighting their strong positions due to cryptomining legacies and grid power access. UBS estimates ...
