Facts that name Cipher Digital, newest first.
2.5 GW
It targets gas availability in 2027, with potential for power generation soon after. Cipher also received ERCOT Batch Zero classifications for Texas pipeline sites, including a base load conditional classification for Colchis (1 GW), with final classifications expected in December.
Cipher DigitalERCOT Source: Cipher Digital Inc. 8-K, filed Nov 2, 2026
The portfolio has a 17.3-year weighted average lease term and $864 MM projected average annualized NOI. Contracted revenue including extensions is $28.4Bn, with high investment-grade counterparties.
Cipher Digital Source: Cipher Digital Inc. 8-K, filed Nov 2, 2026
Cipher elected to invest additional capital instead of change order reimbursement, in exchange for a 10-year lease extension and incremental rent (+$5.2Bn incremental rent). Data halls are delivered in phases from Q4 2026 through Q1 2027, and the base lease term is now 20 years.
Cipher Digital Source: Cipher Digital Inc. 8-K, filed Nov 2, 2026