Skip to content
CIFR·Nasdaq·US

Cipher

Cipher develops and operates industrial-scale data centers in the United States. The company currently generates revenue from bitcoin mining while expanding into high-performance compute hosting and hyperscale data-center development.

Recent Activity

Updated Oct 3, 2026
–Cipher Digital extended the lease term at its Barber Lake facility to 20 years, adding an additional 10-year term.
–The lease extension adds approximately $5.2 billion of contracted revenue at Barber Lake, increasing total contracted revenue at the site to over $9 billion.

Past updates are part of the Pro plan.

Thematic Position

Relationship Groups

Suppliers5
Partners2
Competitors8

Relationship details are part of the Pro plan.

Ended Relationships

15 ended relationships · Ended relationships are part of the Pro plan.

Management Perspective on Regulatory & Geopolitical Developments

zoning restrictionpermitting requirementmoratorium
State and local moratoria on data center development constrain Cipher Digital expansion plans
SEC 10-QAug 4, 2026

The full regulatory passage is part of the Pro plan.

7 more · Regulatory and geopolitical insights are part of the Pro plan.

Disclosed customers above 10% of revenue

1 customer · Named major customers are part of the Pro plan.