Cipher Digital Surges Over 9% in Pre-Market Trading, Signs 15-Year AI Data Center Lease and Secures $200 Million Financing

MarsBitNews

2026-03-25 13:44:59

Abstract generation in progress

Mars Finance reports that Cipher Digital (CIFR) stock price rose about 9% in pre-market trading. The company previously 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 extension option, providing non-dilutive funding for expansion, liquidity management, and future growth.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.