Cipher Mining jumps 12% after landing major 10-year HPC deal
Cipher Mining shares jumped 12% premarket after it secured a 10-year HPC colocation deal with Fluidstack, adding about $830 million in revenue, with extensions potentially lifting the deals value to $2 billion. Cipher will supply 39 MW of IT load at its Barber Lake site, supported by up to 56 MW of capacity.