Shares of data center builders Cipher Digital, TeraWulf, and Applied Digital dropped due to rising long-term Treasury yields, which increase the cost of financing their projects. Cipher Digital fell 6%, the largest decline among the group, reflecting concerns over its higher financing risk and lack of recent lease announcements. While Cipher Digital has secured initial tenant leases, the rising cost of capital raises execution risks for completing remaining capacity. Investors will watch for new lease deals and Treasury yield movements to gauge future performance.
Cipher Mining Inc (CIFR) is trading at USD 13.54 with a 1-day decline of 7.01% on Pluang as of Oct 08, 2026 22:02 WIB, showing the largest drop among its peers. TeraWulf (WULF) and Applied Digital (APLD) also fell, down 5.63% and 2.65% respectively, reflecting investor caution in the data center sector amid rising financing costs. Despite the sell-offs, Pluang order activity shows a majority of buyers for TeraWulf at 85%, indicating some investor interest remains.
