
Cipher Digital doubles Barber Lake data center lease term to 20 years
- —Barber Lake lease in Texas extended from 10 to 20 years
- —Contracted revenue rose from $3.8B to over $9B
- —Company trades under ticker CIFR
Why it matters: Longer data center contracts underpin CIFR's mining infrastructure and revenue as demand for compute capacity grows.
Source: Seeking Alpha Crypto