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Cipher Mining Inks New 10-Year HPC Deal With Fluidstack; Shares Rise 13%
Yahoo Finance· 2025-11-20 22:30
Cipher Mining (CIFR) announced a new 10 year HPC hosting agreement with Fluidstack that adds 56 MW of additional capacity at its Barber Lake site in Texas. The deal secures about $830 million in contracted revenue over the initial term and expands Fluidstack’s lease to the full 300 MW available at the site. With two optional five year extensions, the agreement’s value could rise to about $2.0 billion for this expansion and roughly $9.0 billion across the broader partnership. Cipher will deliver 39 MW of a ...