cipher mining news - Cipher Digital stock rises 9% on new data center deal with Hyperscale tenant
Cipher Digital (CIFR) shares jumped 9% in pre-market trading after the company, formerly a bitcoin miner, announced a new long-term>rebranded from Cipher Mining in February, revealed a 15-year lease agreement with an investment-grade hyperscale tenant for its third data center campus. Cipher will develop a high-performance computing facility at an existing site, strengthening its position as a partner to large technology firms building AI infrastructure.
The company renamed itself to reflect a strategic pivot away from bitcoin production toward the development of industrial-scale data centers for artificial intelligence and cloud workloads. The move aligns the company with the rapidly growing demand for high-performance computing capacity.
The revolving credit facility has 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.
This detailed match analysis covers key moments, player performances, and tactical insights.
Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.