Cipher Digital Expands Barber Lake Lease Term to 20 Years, Increasing Revenue to Over $9 Billion · Additional 10-year term adds ~$5.2 billion of contracted revenue at Barber Lake · In connection with change orders and continued evolution of the tenant’s design, the lease amendment establishes a phased delivery schedule for the site, with individual data halls expected to be delivered between Q4 2026 and Q1 2027 · Cipher remains on track with the revised delivery schedule “Extending Barber Lake’s contracted life reflects the enduring value of the infrastructure we're building,” said Tyler Page, CEO. “Barber Lake was designed as a long-lived, mission-critical asset, and securing a firm commitment that extends well beyond the original lease term demonstrates the long-term utility and strategic relevance of the campus, as well as the durability of demand for hyperscale computing capacity.” Read the full press release here:

@CipherInc, @fluidstack, and @AnthropicAI Commit $10 Million to Repair and Expand Colorado City's Water System Following this summer's water shortages, the companies are funding upgrades identified by Colorado City leaders to strengthen the city's water system through the newly formed Colorado City Water Infrastructure Foundation. Importantly, the Barber Lake data center runs on its own on-site water supply and draws nothing from Colorado City's system. "Being a good neighbor means showing up for the issues that matter most to the communities where we operate, even when those issues predate us. In Colorado City, we wanted to invest directly in solutions that will benefit the community for years to come. We're grateful to Speaker Burrows and local leaders for their partnership, and proud that Colorado City is home to one of our data centers,” said Tyler Page, Chief Executive Officer. Read the full press release here:

Cipher has received initial feedback from its transmission service providers resulting in 3.2 GW of Batch Zero conditional classifications. We are working with our TSPs to review site-specific conditional designations within Batch Zero and will provide further details next week. We remain fully supportive of Governor Abbott's push for transparency and accountability in Texas data center growth and look forward to complying with the comprehensive attestation audit and showing our commitment to the communities in which we operate.

Cipher Begins Development of Lateral Pipelines to Facilitate Data Center Expansion via Bring-Your-Own-Generation - Lateral pipelines capable of supporting up to 2.5 GW of new generation across multiple sites - New generation expected to increase Cipher’s leasable HPC data center capacity and is a significant step toward making new power available by 2027 “Securing and delivering power is the foundation of everything we do. Bringing our own electricity generation allows us to unlock significant new capacity quickly while proactively contributing to greater grid stability in the communities in which we build our data centers,” said Tyler Page, Chief Executive Officer. Read the full press release here:

Cipher reaffirms its commitment to being a responsible and transparent data center operator and commits to abide by Governor Abbott’s principles set forth in his recent directive. See the full release here:

Cipher Digital was honored to co-sponsor the Wink Centennial Celebration in Winkler County, TX, home of our Black Pearl data center. As we advance our data center developments, we remain committed to being a meaningful partner in the communities where we operate. Thanks to the local leaders, families, and neighbors that helped make this a special day.