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 Fluidstack, brings total contracted revenue at the facility to over $9 billion. The deal underscores strong demand for hyperscale computing capacity to support AI workloads. Cipher Digital highlights the strategic importance of the Barber Lake campus as a long-term asset amid growing AI infrastructure needs.
Cipher Mining Inc (CIFR) shares are trading at USD 17.66 as of Sep 25, 2026 21:42 WIB on Pluang, down 2.43% for the day. This price sits closer to its 52-week low of USD 11.47 than its 52-week high of USD 29.18, reflecting a significant range in market valuation over the past year. Despite the recent lease extension news boosting long-term revenue prospects, the stock's market cap remains at $7.51 billion, highlighting ongoing investor caution or profit-taking.
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 infrastructu...
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 ...
