Cipher Digital stock rises over 9% before market open, signs a 15-year AI data center lease, and secures $200 million in financing

SmartContractAuditor · 2026-03-25T12:52:19+00:00

Cipher Digital (CIFR) stock price rose approximately 9% following the signing of a 15-year data center lease agreement with a hyperscale customer and securing a revolving credit facility of up to $200 million to support the development of its high-performance computing facilities and future growth.

SmartContractAuditor

2026-03-25 12:52:19

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Odaily Planet Daily reports that Cipher Digital (CIFR) stock price rose about 9% in pre-market trading, after the company announced a 15-year data center leasing agreement with a large-scale investment-grade client and secured a revolving credit line of up to $200 million.

According to the announcement, Cipher will develop and deliver high-performance computing (HPC) facilities at its third data center campus, further strengthening its position as an AI infrastructure partner for large technology companies.

In terms of financing, the company obtained a syndicated revolving credit line supported by multiple global banks, with a maximum size of $200 million and an additional $50 million accordion option, providing non-dilutive funding for expansion, liquidity management, and future growth. (CoinDesk)

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