Patient Investor ✈️ HOOD Summit ‘26(@PSInvestor):🚨🚨🚨🚨🚨 Morgan Stanley modeled $CIFR Barber Lake 8 days ago as a 10-year, $3.8B lease delivering in Q3 2026. Today $CIFR made it 20 years and over $9B, with a leading AI lab committed to years 11 through 20. Delivery also moved. Data halls now phase in from Q4 2026 through Q1 2027, with first rent in Q4. On Sept 11 I asked whether Barber Lake would get its own release or wait for the Q3 update. It got its own release today. $CIFR took the lease from 10 years to 20, and contracted revenue from $3.8B to over $9B. Delivery moved from September to phases running Q4 2026 through Q1 2027. First rent is still expected in Q4.

Patient Investor ✈️ HOOD Summit ‘26@PSInvestor

2026.09.25 12:55

🚨🚨🚨🚨🚨 Morgan Stanley modeled $CIFR Barber Lake 8 days ago as a 10-year, $3.8B lease delivering in Q3 2026. Today $CIFR made it 20 years and over $9B, with a leading AI lab committed to years 11 through 20. Delivery also moved. Data halls now phase in from Q4 2026 through Q1 2027, with first rent in Q4. On Sept 11 I asked whether Barber Lake would get its own release or wait for the Q3 update. It got its own release today. $CIFR took the lease from 10 years to 20, and contracted revenue from $3.8B to over $9B. Delivery moved from September to phases running Q4 2026 through Q1 2027. First rent is still expected in Q4.