Cipher Digital Inc (CIFR)

CIFR................................https://stockcharts.com/sc3/ui/?s=CIFR&p=w&b=5&g=0&id=p86431144783

Cipher Digital secures 15-year data center lease and $200M revolving credit facilityMarch 25, 2026 8:50 AM
IH Market News
Cipher Digital Inc. (NASDAQ:CIFR) announced it has signed a 15-year lease agreement for a data center campus with an investment-grade hyperscale tenant and arranged a $200 million revolving credit facility.The agreement represents Cipher’s third contract for a data center campus. As part of the deal, the company will construct and deliver a new high-performance computing facility at one of its existing locations. Financial terms of the lease and the identity of the tenant were not disclosed.The newly secured revolving credit facility provides up to $200 million in committed funding, along with an accordion feature that could increase capacity by an additional $50 million. The facility matures in March 2030 and carries interest based on the Secured Overnight Financing Rate plus 1.25% to 1.75%, with pricing adjustments tied to the company’s total debt-to-market-capitalization ratio. The credit line was undrawn at the time of closing.Cipher said the facility will help strengthen its liquidity position while supporting working capital needs and future expansion plans. The financing marks the company’s first syndicated revolving credit arrangement.Morgan Stanley acted as administrative agent and lead arranger for the transaction. The lending syndicate also includes Banco Santander, Goldman Sachs, JPMorgan Chase, Sumitomo Mitsui Banking Corporation, and Wells Fargo.Cipher develops and operates large-scale data centers designed for high-performance computing applications and works with hyperscale clients seeking additional capacity for advanced computing workloads.Cipher Digital stock price

Original: Cipher Digital secures 15-year data center lease and $200M revolving credit facility

Canaan Inc. Acquires Cipher Mining's Interest in Multiple Operational Mining Projects Totaling ~4.4 EH/s in West TexasFebruary 23, 2026 4:10 PM
PR Newswire (US)

Acquires 49% equity interest in Alborz LLC, Bear LLC, and Chief Mountain LLC 
Adds Cipher Mining as significant shareholder through non-cash transaction
Includes acquisition of 6,840 Avalon® A15Pro mining rigsSINGAPORE, Feb. 23, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has acquired Cipher Mining Technologies Inc.'s (NASDAQ: CIFR) ("Cipher") 49% equity interest in the joint venture comprising Alborz LLC, Bear LLC, and Chief Mountain LLC (collectively, the "ABC Projects"). Following the acquisition, the Company now owns a 49% stake in the ABC Projects, while WindHQ LLC ("WindHQ") maintains its 51% stake in the ABC Projects. The sites currently operate a total of 120 MW of power capacity and support ~4.4 EH/s of total operating hashrate. Fleet efficiency currently stands at ~25.7 J/TH with the potential for hardware and infrastructure upgrades. As part of the transaction, the Company also purchased an additional 6,840 Canaan Avalon A15Pro-AVG-221T mining rigs from Cipher. The mining rigs were originally purchased from Canaan in July 2025 and energized at Cipher's Black Pearl site, which is being converted into an AI-HPC data center.  The total consideration for the transaction is approximately US$39.75 million. To preserve the Company's financial flexibility, the transaction was funded through the issuance of 806,439,900 Canaan Inc. Class A ordinary shares to Cipher, equivalent to 53,762,660 American Depositary Shares ("ADS"), priced at US$0.7394 per ADS and subject to a lock-up period of six months.Strategic Highlights:Large-Scale, Low-Cost & Fully Operational Power Assets: The acquisition provides Canaan with a 49% stake in the joint venture and direct access to a total of 120 MW of fully operational power assets in West Texas with highly competitive average rates of sub-3 cents/kWh, leveraging the most competitive long-term power rates on the Texas grid for Bear and Chief, and off-grid wind power integration at Alboz.Operational Synergy: By partnering with WindHQ, an existing customer of Canaan with significant experience in wind energy, power infrastructure and data center businesses, the Company integrates directly into a sophisticated, localized operational power framework. This alliance bolsters Canaan's proven expertise within the Electrical Reliability Council of Texas ("ERCOT") market, ensuring efficient and reliable execution.Grid Stabilization & Flexibility: The ABC Projects are proficient in demand response and energy arbitrage within the ERCOT grid, aligning with Canaan's initiative to stabilize power grids amid rising data center demand."This acquisition represents a disciplined expansion of our North American digital asset footprint and a decisive step in executing Canaan's broader energy strategy. By increasing our exposure to high-quality, low-cost operational power assets in Texas, we are aligning our proprietary technology with critical infrastructure to drive long-term efficiency and scale," said Nangeng Zhang, chairman and chief executive officer of Canaan. "We are also honored to welcome Cipher as a significant shareholder. This deepened relationship not only reflects our shared commitment to robust corporate governance but also allows us to support Cipher's impressive evolution into a key player in the AI and HPC sectors.""We are proud of the role we played in developing the ABC Projects and bringing them to their current operational stage. Given that history, it was important for us to transition the assets to an industry leader capable of advancing the long-term vision we established for these sites. We believe Canaan's vertical integration, technology leadership, and expanding energy platform make them the right steward for the next phase of growth," said Tyler Page, CEO of Cipher. "We were willing to take a meaningful equity position because we see significant opportunity ahead for Canaan. Having worked alongside the Canaan team for years, we have strong conviction in their ability to execute, scale the platform, and drive sustained growth and improved valuation over time."Zhang continued, "ABC Projects feature industry-leading power pricing and offer a strong foundation for growth. In this pivotal year, we believe that Canaan is well positioned to capitalize on our strengths in technology and our expanding energy initiatives."The Company's recently announced energy strategy marks a transition from an opportunistic, asset-light power approach to a systematic upstream development model centered on direct U.S. power applications, with the goal of building a robust project pipeline capable of securing substantial load by the end of 2026, potentially at gigawatt scale. This strategy integrates bitcoin mining with AI-HPC colocation to enhance return on invested capital, deliver flexible, dispatchable grid load, and deepen long-term relationships with power partners. Throughout 2026, the Company will prioritize disciplined execution by advancing a portfolio of high-quality, financeable infrastructure projects, emphasizing partnership-driven expansion and project-level financing structures, positioning the platform for scalable and capital-efficient growth.About Canaan Inc.Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, Canaan's founding team shipped to its customers the world's first batch of mining machines incorporating ASIC technology under the brand name Avalon and, today, the Company's machines have the second largest share of the global bitcoin mining market. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market. To learn more about Canaan, please visit https://www.canaan.io/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.'s strategic and operational plans, contain forward-looking statements. Canaan Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.'s beliefs and expectations, such as expectations with regard to revenue or mining hash rate deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, the ability of the Company to execute against its goals, financial condition and results of operations; the expected growth of the bitcoin industry and the price of bitcoin; the Company's expectations regarding demand for and market acceptance of its products, especially its bitcoin mining machines; the Company's expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company's investment plans and strategies, fluctuations in the Company's quarterly operating results; competition in its industry; changing macroeconomic and geopolitical conditions, including evolving international trade policies and the implementation of increased tariffs, import restrictions, and retaliatory trade actions; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.Investor Relations ContactCanaan Inc.
Xi Zhang
IR@canaan-creative.comChristensen Advisory
Christian Arnell
canaan@christensencomms.comPublic Relations ContactBlocksBridge Consulting
Jesse Colzani
canaan@blocksbridge.com



View original content:https://www.prnewswire.com/news-releases/canaan-inc-acquires-cipher-minings-interest-in-multiple-operational-mining-projects-totaling-4-4-ehs-in-west-texas-302694773.htmlSOURCE Canaan Inc.

Original: Canaan Inc. Acquires Cipher Mining's Interest in Multiple Operational Mining Projects Totaling ~4.4 EH/s in West Texas

Sold out of this early Feb. . Just luck. Had no idea Bitcoin would crash as much as it has .

Kiwi

Still holding back the price, not sure why, I added to my position yesterday, looking for 22 to 24 for exit.

Cipher Mining Inc. $CIFR book Value is only $1.99 per share. CIFR has $1.04B debt. That's billions debt

Cipher Mining to Redeem Outstanding Warrants to Purchase Shares
MT Newswires · Nov-26-2025 9:00 AM ET
09:00 AM EST, 11/26/2025 (MT Newswires) -- Cipher Mining (CIFR.NaE) said Wednesday that it has delivered a notice of redemption to redeem all of its outstanding warrants to purchase shares of its common stock.

The warrants may be exercised until Dec. 26 to purchase fully paid and non-assessable common shares, at the exercise price of $11.50 per share, Cipher Mining (CIFR.NaE) said.


Kiwi

Nice move from Cipher Mining. Looks like the dip to $13 on Friday was at least a short term bottom. In the video I break down why it bounced and what we can expect in the future from a technical aspect.

Cipher Mining Shares Rise After JPMorgan Upgrade
MT Newswires · Nov-24-2025 11:32 AM ET
11:32 AM EST, 11/24/2025 (MT Newswires) -- Cipher Mining (CIFR.NaE) shares were up nearly 17% in recent Monday trading after JPMorgan upgraded the data center construction and operations company's stock to overweight from neutral and raised its price target to $18 from $12.


Kiwi

More DD on CIFR
1) has signed contracts ...Fluidstack backed by Google and AWS ( Amazon )
2) Power is already secured at Black Pearl and recently expanded sites
3) Ramp begins immediately in 2026 with revenue stream up to at least $750m a yr rate by EOY 2026

Near term risk ..price of the 1500 bitcoin they hold and bitcoin income

Cipher Mining shares surge after company lands $830 million AI hosting deal
November 20 2025 - 10:52AM

Cipher Mining Inc. (NASDAQ:CIFR) saw its stock jump 12% on Thursday after unveiling a major 10-year AI hosting agreement with Fluidstack, locking in roughly $830 million in contracted revenue.

Under the new deal, Cipher will supply an additional 39 MW of critical IT load—supported by up to 56 MW of gross capacity—at its Barber Lake facility in Colorado City, Texas. With this expansion, Fluidstack is slated to lease the entire 300 MW of capacity available at Barber Lake.

The contract also includes two optional five-year extensions. If exercised, those add-ons would raise total contracted revenue tied to this agreement to around $2.0 billion, and lift the total value of the broader partnership to approximately $9.0 billion.

In a significant show of support, Google agreed to backstop an additional $333 million of Fluidstack’s lease commitments to facilitate project-related lending. This boosts Google’s total backstop across its partnership with Fluidstack and Cipher to $1.73 billion.

To fund the build-out, Cipher plans to rely on project financing along with about $118 million in additional equity. The company estimates development costs of roughly $9–$10 million per MW of critical IT load and anticipates Net Operating Income margins in the 85%–90% range for the site.



Kiwi

After some more DD ...will add some CIFR next week ...especially on any drop in Bitcoin.
They'll have $750m a yr revenue coming from AWS and Fuildstack by end of 2026 provided they build out Black Pearl phase 2 for AI ...not bitcoin ...which I expect them to do .
Less risk then IREN and further along in their transition to AI centers than WULF
Kiwi

Maybe but from what I've read theres been some major forced selling / margin calls , once Bitcoin dropped below 92K.
Traders are hoping that the $82K-$85 K is the new base ...otherwise its a test of the April lows .
The crypto fear and greed index is at 2022 lows ...so I added a little IREN when it got close to $40 , may add CIFR next week.

The back drop for the miners switching to AI data centers is that they still relying on bitcoin income to help finance the transition.
So they are currently hurt by both a drop in the hash rate ( what they make producing the bitcoin ) and what they can sell it for ...a double negative.
CIFR hold 1500 bitcoin ...so the drop in value certainly hurts them . IREN sells theirs as soon as they produce it

What I need to do is spend some time on when these Co's will start generating more $ from the data centers they are building out . Definitely happening for IREN in 2026 , need to chk on WIFR
By the way ...some more DD on depreciation of these GPU's . Now think Chanos has it wrong .
Will be big for NVDA if US allows sales to China to resume ...and Chinese govt OK's purchases.

Kiwi

I wonder if at least partially, confidence in Bitcoin (and other cyber currencies) was slightly shaken lately by thoughts that quantum computing could blow it all up, albeit not in the very near future?

I think CIFR hold 1500 bitcoin in their " treasury " ...so a 30% drop in the value of that bitcoin is going to hurt . As well as future income if Bitcoin stay here or goes lower
Question is ...is bitcoin going to recover or disappear ?

Kiwi

Thursday morning, Cipher announced a 10-year high-performance computing (HPC) colocation agreement with Fluidstack, an AI cloud platform that builds and operates HPC clusters. Under the agreement, Cipher will deliver an additional 39 MW of critical IT load at its Barber Lake site in Colorado City, Texas.

The agreement represents approximately $830 million in contracted revenue over the initial 10-year term. It also includes two five-year extension options that would bring total contracted revenue to approximately $2 billion if exercised. Google will backstop an additional $333 million of Fluidstack’s lease obligations to support project-related debt.

“We’re excited to expand our partnerships with Fluidstack and Google as we develop the remaining current capacity at our Barber Lake site,” said Tyler Page, CEO of Cipher. “This third transaction further validates Cipher’s position as a leader in HPC development and underscores the strong momentum that will continue to drive growth across our pipeline of sites.”

In connection with the announcement, Cipher said it plans to offer $333 million of 7.125% senior secured notes due 2030 in a private offering to institutional investors. The company expects to use the net proceeds to finance a portion of the construction costs associated with additional facilities within the Barber Lake Facility.

Kiwi

Key difference is CIFR has Google backing / back stop ..$300 m guaranteed annually even if the GPU's they purchase now generate less revenue after 3-4 yrs
My quick take
Groks take
Cipher Mining Inc. (CIFR)'s GPU purchases for its AI data centers are indirectly funded and backstopped by Google through a major $3 billion, 10-year high-performance computing (HPC) colocation agreement with Fluidstack (an AI cloud provider). Google provides a $1.4 billion guarantee (backstop) on Fluidstack's lease obligations, which enables CIFR to secure favorable debt financing at lower costs and risk. This financial support is crucial for CIFR's capital-intensive GPU deployments, as the deal funds the buildout of GPU-equipped facilities (e.g., at Barber Lake, Texas) for NVIDIA-based AI workloads.While CIFR retains 100% ownership and directly purchases the GPUs (estimated at $9–$11 million per MW of critical IT load, including hardware like NVIDIA H100/Blackwell clusters), Google's backstop reduces borrowing costs and provides revenue certainty (~$300 million annually), making the GPU investments feasible without direct equity dilution beyond Google's ~5.4% warrant stake.


Kiwi

Looks like they have the power
The company primarily sources its electricity through long-term power purchase agreements (PPAs) with providers, emphasizing low-cost, renewable energy to support its energy-intensive mining operations.
As of late 2025, Cipher operates multiple sites in Texas, with a focus on wind and solar power to achieve competitive costs (around 2.7–2.8 cents per kWh on average across contracts).

Kiwi

Well some questions definitely being raised at the amount of debt being raised and how short term that debt is
Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of industrial-scale data centers, today announced that its wholly-owned subsidiary, Cipher Compute LLC (the “Issuer”), has priced a $1.4 billion offering (the “Offering”) of 7.125% senior secured notes due 2030 (the “Notes”) at par.

Due in 2030 !
So we're betting on a rapid build out ...fully energized running data center with a high paying client ...within roughly the next 4 -5 yrs .
That appears to be the bet ...and that CIFR's ex google guys can pull it off .

Theres also this

Cipher Mining Inc. (NASDAQ:CIFR) shares surged 15% on Monday after the company revealed a landmark $5.5 billion, 15-year lease agreement with Amazon Web Services (NASDAQ:AMZN) to supply turnkey space and power capacity tailored for AI workloads.

Under the agreement, Cipher will deliver 300 megawatts of capacity in 2026, featuring both air and liquid cooling systems. The rollout will occur in two phases, beginning in July 2026 and completing by the fourth quarter of 2026, with lease payments set to start in August 2026.

Alongside the AWS partnership, Cipher announced the creation of a new joint entity to develop a 1-gigawatt AI-focused site in West Texas, named “Colchis.” Cipher will provide most of the project’s financing, securing roughly 95% equity ownership in the venture.

The company also pointed to its existing 10-year AI hosting agreement with Fluidstack and Google, noting that — together with the AWS deal — its AI hosting contracts now represent approximately $8.5 billion in total lease payments.

I assume they're using the Fluidstack ,Google and now AWS lease payments to pay for this new note



Kiwi

Saw on my Fidelity feed that 2 people ( I assume insiders) sold 80,000 and 25,0000 shares today. Many reasons why people sell so no way to feel that it means anything in particular.

Anyone think CIFR could be another fabulous IREN or are the dynamics radically different?

The answer to my question

As of November 2025, Cipher Mining has secured significant committed and approved power capacity in Texas, with agreements totaling over 1.7 gigawatts (GW) for various data center projects. These commitments include partnerships with major technology companies and utility providers.

Key Texas projects include:
Colchis site (West Texas): A 1-gigawatt (GW) site being developed through a joint venture, with a fully executed Direct Connect Agreement with American Electric Power (AEP) for power availability targeted in 2028.

Barber Lake site (Colorado City): This site has a maximum gross capacity of 244 MW to support 168 MW of critical IT load. It is part of a 10-year hosting agreement for AI workloads with Fluidstack, backed by Google.

Unnamed Texas data center: A preliminary agreement with ENGIE North America allows Cipher to purchase up to 300 MW of clean energy from one of ENGIE's wind facilities.

Unnamed West Texas site: A 100 MW site, also known as Stingray, was acquired in November 2024. Power consumption is anticipated in the first half of 2026.

Amazon Web Services (AWS) lease: A 15-year lease provides 300 MW of AI infrastructure capacity, with deployment expected to begin in 2026.


Kiwi

They are obviously raising a lot of $ to fund their Texas expansion ...but I'm not clear on how much committed power they have for those sites .
Any insight on that ?
IREN is very clear on having 2.9GW in committed power
Kiwi

The Train Just Left the Station
You will have to BUY PRE MARKET If you want to add more.
This is not a buy recommendation all stocks are risky so make your own decisions.

The Train Just Left the Station
You will have to BUY PRE MARKET If you want to add more.
This is not a buy recommendation all stocks are risky so make your own decisions.

What a ripoff on these miners since the ETFs! Doesn't matter how much BTC screams ahead. In fact, BTC has doubled since Jan.

Sorry I posted it twice it didn’t show that it went through the first time
Rember when Trump said BUY STOCKS
Trump is driving the WEALTH TRAIN
ENJOY THE RIDE
Hope you all are ON BOARD Cause it’s going to be a HELL OF a RIDE

Rember when Trump said BUY STOCKS
Trump is driving the WEALTH TRAIN
ENJOY THE RIDE
Hope YOU ALL are ON BOARD Cause it’s going to be a HELL OF a RIDE
CACHING CACHING CACHING ALL ABOARD

Headquartered in New York City, Jane Street Capital is a 26-year-old multinational proprietary trading and market maker giant.

In the Schedule 13Gs filed on Oct. 23 post-market close, it revealed holdings in these Bitcoin mining companies:

Hut 8 (Nasdaq: HUT): 5% stake with 5.3 million shares
Bitfarms (Nasdaq: BITF): 5.4% with 29.9 million shares
Cipher Mining (Nasdaq: CIFR): 5% with 19.6 million shares

Bitcoin mining stocks jump on stakes reveal

The Cipher Mining (Nasdaq: CIFR) stock jumped 19.9% in a day and hit as high as $20.69.

The Hut 8 (Nasdaq: HUT) stock also jumped up to 15% and hit the intraday high of $46.82.

The Bitfarms (Nasdaq: BITF) stock jumped 10% to reach the intraday high of $4.77.

It was a good day for other crypto mining stocks too.


I'm mostly in IREN, RIOT and WULF
Good luck
Kiwi

You’re either on board or watching the train go by with this one.
I believe GOOGL is tied in with CIFR. If your watching then you
Know as the price keeps going up the less shares your going to
to be able to by. My entry was in the 15.50 all the way up to 19.78
This stock for me is replacing QBTS which is way over priced.
While QBTS has Revenue its earnings is non existent. I took profits
If it comes back to reality I’ll buy some shares back. But right now
I think CIFR is in a much better position it has Massive Revenue
and Earnings that’s why I in it. CIFR reports NOV 3
Before Market Open and then a few days later it reports the
Number of BITCOINS it Produced for OCTOBER
I CANT WAIT a double info week.
Try and find reasonably priced stocks that you would invest in
that have REVENUE and EARNINGS had to find.

Congrats to those holding this ... currently making bank on bitcoin mining
Kiwi

CIFR boom 10/8 !!!

Cipher Mining Stock Dips After $800 Million Convertible Note Announcement

https://investorshub.advfn.com/market-news/article/16903/cipher-mining-stock-dips-after-800-million-convertible-note-announcement

Cipher Mining (CIFR) announced a significant, new energy-related agreement on September 25, 2025. The bitcoin miner and data center operator signed a 10-year, $3 billion high-performance computing (HPC) hosting deal with AI cloud platform Fluidstack for its Barber Lake site in Texas.
Key details of the agreement:
• Cipher will deliver 168 megawatts of IT and data computing capacity to Fluidstack.
• Google is supporting the deal by backstopping $1.4 billion of Fluidstack's lease obligations and will receive a 5.4% equity stake in Cipher.
• The contract has two five-year extension options, potentially bringing the total contracted revenue to over $7 billion.
• This deal establishes Cipher as a major AI data center developer, leveraging its existing pipeline of over 2.4 gigawatts (GW) of capacity.

CIFR does not currently partner with NVDA or GOOG .
IREN does have a Preferred Partner status with NVDA which assures them a committed supply of GPU Blackwell chips

Kiwi

Very nice day here, more to come

CIFR

CIFR : are they NVDA partner? or GOOG . Which are the companies they partnering with.

CIFR........................................https://stockcharts.com/h-sc/ui?s=CIFR&p=W&b=5&g=0&id=p86431144783

CIFR...........................................................................p/m

CIFR................................................https://stockcharts.com/h-sc/ui?s=CIFR&p=W&b=5&g=0&id=p86431144783

CIFR, new 52 week low

Cipher Mining Inc. $CIFR Total Debt (mrq) $23.16M

Nice move here. Sold some, Holding some. Not seeing any clear opportunity in the chart but I remain bullish.

Bye Bye Gary Gensler.

Not any longer ……let Her Run

CIFR under $3

Is the bottom in? BTC looks good, but the day isn't over.

en fuego

Recent analyst price targets reiterated at $5 and $6.

Great question. And since I can't make anything from it, got no answer.
Also, you can reply to any of my post's. No guarantee you'll get a response.

Not sure whether to grab these profits, while I can.

What has CAN up on these CONSISTENT red miner days?
(boo boo)