Cipher Digital stock rises 9% on new data center deal with Hyperscale tenant

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Cipher Digital stock rises 9% on new data center deal with Hyperscale tenant The new 15-year hyperscale lease and $200 million in financing underscore the push into AI data centers. By James Van Straten , AI Boost | Edited by Stephen Alpher Mar 25, 2026, 12:48 p.m. Make us preferred on Google What to know : Cipher Digital (CIFR) rose 9% in pre-market trading after the former crypto mining company said it signed a 15-year lease with a hyperscale tenant to develop its third high-performance computing data center campus. The company also secured a revolving credit facility of up to $200 million, with an additional $50 million option to support expansion and enhance liquidity. Cipher Digital (CIFR) shares jumped 9% in pre-market trading after the company, formerly a bitcoin miner, announced a new long-term data center lease and said it secured a $200 million revolving credit facility. The company revealed a 15-year lease agreement with an investment-grade hyperscale tenant for its third data center campus. Cipher will develop and deliver a high-performance computing facility at an existing site, strengthening its position as a partner to large technology firms building AI infrastructure. Cipher also announced a revolving credit facility of up to $200 million, with an additional $50 million accordion option. Backed by a syndicate of leading global banks, the facility provides non-dilutive capital to support expansion, boost liquidity, and fund future growth initiatives. Cipher Digital , formerly known as Cipher Mining, has rebranded to reflect a strategic pivot away from bitcoin production toward the development of industrial-scale data centers for AI and cloud workloads. The move aligns the company with the rapidly growing demand for high-performance computing capacity. Bitcoin News Bitcoin Mining AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You STS Digital unveils structured crypto platform with Kraken as distribution partner By Omkar Godbole | Edited by Sheldon Reback 1 hour ago The platform, which covers 400 tokens, is aimed at banks, family offices, and high-net-worth individuals and comes as digital assets face growing institutional demand. What to know : STS Digital introduced a global structured products platform for institutional investors, offering tailored crypto derivatives on 400 digital asset tokens. Kraken is serving as a distribution partner and is using the platform to power its new Dual Investment product, which offers eligible clients fixed returns on bitcoin and ether. Read full story Latest Crypto News Monument Bank to tokenize 250 million pounds of retail deposits in UK first 48 minutes ago Bitcoin’s refusal to fall signals crypto's underlying strength even as war risks linger 1 hour ago STS Digital unveils structured crypto platform with Kraken as distribution partner 1 hour ago Bitcoin nears $72,000 as rising open interest signals growing leverage in choppy market 2 hours ago Gold’s longest losing streak in a century meets bitcoin’s resurgence 2 hours ago Crypto broker Bitpanda launches blockchain to connect EU banks with tokenized assets 3 hours ago Top Stories There's a huge $14 billion bitcoin options expiry this Friday and it points to $75,000 as price magnet 4 hours ago Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards 20 hours ago Ripple taps Singapore's central bank sandbox to test stablecoin-powered trade finance with RLUSD 7 hours ago Retail traders fare worse on prediction markets than sportsbooks 7 hours ago BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades 16 hours ago BNY CEO says the future of crypto runs through big banks 17 hours ago