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Cipher Digital
@CipherInc
Cipher develops and operates industrial-scale data centers engineered for next-generation computing.
9 Following    22.2K Followers
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:
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@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:
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After the conclusion of follow-up discussions with our transmission service providers, Cipher has received the following designations: Conditional Base Load · Stingray (100 MW) · Colchis (1 GW) Conditional Studied Load · Mikeska (500 MW, PCLR qualified) · Apollo (900 MW, PCLR qualified) · Stingray Phase II (200 MW, PCLR qualified) · McLennan (500 MW) As a reminder, Barber Lake (300 MW), Black Pearl (300 MW), and Odessa (207 MW) are already energized, and Reveille (70 MW) and Ulysses (200 MW) are fully interconnection-approved. We look forward to complying with the comprehensive audit and will share final designations when available in December.
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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.
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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:
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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:
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This morning, $CIFR released its Second Quarter 2026 Business Update, marking a quarter of accelerated delivery, pipeline growth, and continued capital markets execution. Highlights from the quarter included: - Delivered first data center capacity at Black Pearl two months ahead of schedule, with rent commenced - Acquired an option for a new site called Apollo, up to 900 MW, located near San Antonio, Texas - Secured full funding for Stingray, our third data center development, through an $810 million bond offering - Achieved key construction milestones across Barber Lake, Black Pearl, and Stingray "The accelerated delivery at Black Pearl, together with everything else we accomplished this quarter, proves we can execute at scale, with speed, and without compromise," said Tyler Page, CEO. More here: #HPC# #AI# #DataCenters# #BuiltforHyperscale#
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The @CipherInc team was proud to donate $30k to each of the three volunteer fire departments in Mitchell County, TX! The brave volunteers of C City VFD, Loraine VFD, & Westbrook VFD joined us to accept the contributions & help celebrate the grand opening of a new downtown park!
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Excited to talk @CipherInc and data centers with the @tbpn team today! $CIFR
As the data center industry continues to evolve, the ability to work well with grid operators, utilities and regulators is going to be a key differentiator for those who successfully scale. We are excited to have Bill join our team, and Cipher continues to accelerate. $CIFR
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Cipher Digital Announces Appointment of Bill Blevins as Head of Grid Strategies Read full press release here:
Excited to talk @CipherInc and all things AI data centers with @SullyCNBC and @KellyCNBC on @PowerLunch this afternoon. $CIFR
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.
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Cipher Digital Provides First Quarter 2026 Business Update - Development Timeline on Track at Barber Lake and Black Pearl Data Centers - Signed Third AI Data Center Campus Lease with Investment-Grade Hyperscale Tenant - Secured $200 Million Revolving Credit Facility Supported by a Syndicate of Leading Global Financial Institutions Read the full press release here:
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Cipher is pleased to announce the following business updates: - Execution of a new 15-year data center campus lease with Hyperscale tenant - Closing of $200m revolving credit facility, supported by leading global financial institutions Read the full press release here:
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Earlier this week, Cipher CEO @rftylerpage joined Stephen Byrd for a fireside chat at Morgan Stanley's TMT Conference in San Francisco. Listen here:
This morning, Cipher released its Q4 and FY’25 business update and announced an official rebrand to Cipher Digital, reflecting $CIFR's strategic transition into a leading HPC data center development platform. The Company also announced the following updates: - Barber Lake and Black Pearl developments remain on schedule and on budget - Divested 49% interests in the Alborz, Bear, and Chief JV sites and select mining equipment for ~$40 million in an all-stock transaction - Reported Q4 2025 revenue of $60 million “Building on a transformative 2025, the fourth quarter reflected continued momentum as we advanced our evolution into a leading HPC data center development company,” said Tyler Page, CEO. “With financing fully secured and construction on track for both of our currently contracted developments, 2026 is a year of execution as we establish Cipher Digital as a premier platform powering next-generation compute.” More here:
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